Spectra Energy Announces Open Season for Express Crude Oil Pipeline

     Spectra Energy Announces Open Season for Express Crude Oil Pipeline

PR Newswire

HOUSTON, June 5, 2013

HOUSTON, June 5, 2013 /PRNewswire/ --Spectra Energy Corp (NYSE: SE) today
announced an open season for crude oil shipments on the Express pipeline from
Hardisty, Alberta, Canada to all points along its system, including a new
proposed interconnection to a rail terminal under development in Casper,
Wyoming. The open season begins today and will run until August 9, 2013, with
service beginning as early as October 1, 2013.

"We're pleased to offer this open season on our recently acquired Express
pipeline to continue to meet the needs of our refinery customers and also
expand our customer base," said Duane Rae, president of Spectra Energy
Liquids. "The Express system is well-positioned to provide for the increasing
oil transportation needs in the region and Spectra Energy is moving quickly to
secure that growth opportunity."

Potential shippers that desire copies of the open season documents must
execute a Confidentiality Agreement (CA). Interested parties can obtain a CA
from Matt Cheadle, at MCheadle@spectraenergy.com or 403-699-1371, or Pat
Whitty, at DPWhitty@spectraenergy.com or 713-627-5432.

The 1,717-mile Express-Platte system, which begins in Hardisty, Alberta, and
terminates in Wood River, Illinois, comprises the Express and Platte crude oil
pipelines and is one of just three major pipeline systems moving crude oil
from western Canada to Rockies and Midwest refineries and markets. Spectra
Energy acquired the Express-Platte system in March 2013 and has announced
intentions to drop the asset down to its master limited partnership, Spectra
Energy Partners.

Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North
America's premier pipeline and midstream companies. Based in Houston, Texas,
the company's operations in the United States and Canada include more than
22,000 miles of natural gas, natural gas liquids, and crude oil pipelines,
approximately 305 billion cubic feet (Bcf) of natural gas storage, as well as
natural gas gathering and processing, and local distribution operations. The
company also has a 50 percent ownership in DCP Midstream, the largest producer
of natural gas liquids and one of the largest natural gas gatherers and
processors in the United States. Spectra Energy has served North American
customers and communities for more than a century. The company's longstanding
values are recognized through its inclusion in the Dow Jones Sustainability
World and North America Indexes and the Carbon Disclosure Project's Global 500
and S&P 500 Carbon Disclosure Leadership Indexes. For more information, visit
www.spectraenergy.com.

SOURCE Spectra Energy Corp

Website: http://www.spectraenergy.com
Contact: Media: Phil West, (713) 627-4964, (713) 627-4747 (24-hour media
line), Analysts: John Arensdorf, (713) 627-4600
 
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