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Aux Sable and Seven Generations team up for additional liquids rich gas supplies

 Aux Sable and Seven Generations team up for additional liquids rich gas  supplies  CALGARY, June 26, 2014 /CNW/ - Aux Sable Canada LP is pleased to announce it  has executed an additional long-term Rich Gas Premium (RGP) agreement with  Seven Generations Energy Ltd (7G). The agreement significantly increases the  volumes originally agreed to by the companies in February 2013.  Under this new long-term agreement, volumes of liquids-rich natural gas from  7G's Kakwa River Project are expected to ramp-up to 500 million cubic feet per  day (mmcf/d).  These supplies will be processed at Aux Sable's extraction and  fractionation facilities located in Channahon, Illinois.  "This arrangement enables 7G to deliver about a quarter of what we see as the  ultimate potential productivity from our current land base," said Pat Carlson,  7G's Chief Executive Officer.  "We have been delivering rich gas to Aux Sable  through Alliance since November 2012.   Our experience to date has been very  positive and has given us confidence in Alliance and Aux Sable as midstream  partners, for this expansion and, possibly, further joint ventures in the  future.  The terms of the agreement allow us to achieve U.S. pricing on a  significant portion of our overall production, providing reduced risk through  built-in market diversity."  "We have received overwhelming support for our RGP agreements from liquids  rich gas producers in Canada and the U.S. seeking the best value for their  products. Our facilities are strategically positioned to provide liquids-rich  gas producers with access to competitive natural gas and natural gas liquids  markets," said Tim Stauft, President & Chief Executive Officer of Aux Sable  Canada. "This transaction substantially strengthens our feedstock supply  beyond 2015."  Aux Sable continues to work with producers to attract liquids-rich gas to its  facilities beyond 2015.  About Aux Sable  Aux Sable Canada's U.S. affiliate, Aux Sable Liquid Products, owns and  operates the world-scale natural gas liquids extraction and fractionation  facilities in Illinois near the terminus of the Alliance Pipeline. The  facility is capable of processing 2,100 mmcf/d of natural gas and can produce  approximately 107,000 barrels per day of specification natural gas liquid  products. For more information, visit http://www.auxsable.com.  Aux Sable Canada is owned by Enbridge Inc. and Veresen Inc.  Aux Sable  Canada's U.S. affiliate, Aux Sable Liquid Products is owned by Enbridge,  Veresen and Williams Partners.    SOURCE  Aux Sable Canada LP  Media Contact: Dorothy Golosinski, Senior Director, Regulatory and Public  Affairs, Aux Sable Canada, (403) 508-5865, E-mail:  dorothy.golosinski@auxsable.com. Commercial Contact: Tim Stauft, President &  Chief Executive Officer, Aux Sable Canada, (403) 508-5868, E-mail:  tim.stauft@auxsable.com  Image with caption: "Aux Sable Canada LP (CNW Group/Aux Sable Canada LP)".   Image available at:   http://photos.newswire.ca/images/download/20140626_C3106_PHOTO_EN_3997.jpg  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/June2014/26/c3106.html  CO: Aux Sable Canada LP ST: Alberta NI: OIL ORDER VNT  
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