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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (41447)	10/28/2011 6:04:37 PM
From: E_K_S	1 Recommendation Read Replies (1) of 78618

Hi Paul - Some more good news happening in the Bakken. Enbridge Energy Partners LP (EEP) Enbridge Energy announces Bakken Access expansion program (EEP) 30.61 +0.24 : Co announced that it is undertaking a series of projects, totaling ~$90 million, to expand the gathering capacity on its North Dakota system by 100,000 barrels per day... This upstream expansion project is expected to be in service by early 2013, and it involves increasing pipeline capacities, construction of additional storage tanks and addition of truck access facilities at multiple locations in western North Dakota. UPDATE 1-Enbridge plans more Bakken pipeline capacity * Company responds to growing production forecasts * Project to add 100,000 bpd oil-handling capacity * Earlier project added 120,000 bpd reuters.com ----------------------------------------------------------------------------------- This article points out just how fast the Bakken shale fields are being developed with new wells coming online. Lots of value being added to several of the small and medium E&P operators especially now that pipeline capacity is being increased. EKS

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