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BRIEF-Keyera Says Entered Infrastructure Development And Midstream Service Agreement With Encana

Published 2018-04-02, 06:18 a/m
© Reuters.  BRIEF-Keyera Says Entered Infrastructure Development And Midstream Service Agreement With Encana
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April 2 (Reuters) - Keyera Corp KEY.TO :

* EXPECTS TO INVEST GROWTH CAPITAL OF BETWEEN $900 MILLION AND $1 BILLION IN 2018

* ENTERED 20 YEAR INFRASTRUCTURE DEVELOPMENT AND MIDSTREAM SERVICE AGREEMENT WITH ENCANA

* DEAL WITH ENCANA IS TO SUPPORT THEIR CONDENSATE FOCUSED PIPESTONE MONTNEY DEVELOPMENT NEAR GRANDE PRAIRIE, ALBERTA

* PRELIMINARY CAPITAL ESTIMATE FOR PIPESTONE PLANT IS BETWEEN $500 MILLION AND $600 MILLION

* PIPESTONE PLANT WILL INCLUDE A TOTAL OF 200 MILLION CUBIC FEET PER DAY OF SOUR GAS PROCESSING CAPACITY

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