Entrega Project Update

1
Entrega Project Update
Entrega Gas Pipeline Inc. www.entregapipeline.com

• Wyoming Natural Gas Pipeline Authority August
  30, 2005

2
Agenda

• Entrega Project Update
• Project and Facilities
• Milestones and Schedule
• Interconnects and Capacity
• Access to Markets
• Wrap-up

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Wamsutter Compressor Station
Segment 2 Wamsutter to Cheyenne Hub 191 miles of
42-inch pipe
Big Hole Compressor Station
Meeker Compressor Station
Segment 1 Meeker to Wamsutter 136 miles of
36-inch pipe
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Project Description

• Entrega is a new open access natural gas pipeline
  developed to move Rocky Mountain gas production
  to Midwest markets
• FERC regulated interstate pipeline developed
  with cooperation of Bureau of Land Management and
  other Federal and State Agencies
• Runs from Meeker Hub in Rio Blanco County, CO
  through Wamsutter, WY to the Cheyenne Hub near
  Rockport, CO
• FERC certificate includes capacity of 1,500
  MMcf/d, developed in 2 phases
• Phase 1 approximately 750 MMcf/d (free flow)
• Phase 2 incremental 750 MMcf/d (compression)

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Description of Facilities

• Project includes 136 miles of 36-inch pipeline
  and 191 miles of 42-inch pipeline
• Maximum Allowable Operating Pressure (MAOP) of
  the system is 1,480 psig
• Route chosen to minimize environmental impact
  94 is adjacent to existing pipeline and utility
  right-of-way
• Phase 2 will include 3 compressor stations
  Meeker (11,000 HP), Big Hole (22,000 HP), and
  Wamsutter (14,000 HP)
• Eight delivery/receipt meter stations at
  interconnects with existing pipelines, two at
  Meeker, two at Wamsutter, and four at Cheyenne Hub

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Recent Significant Milestones

• FERC Certificate Granted August 9, 2005
• Construction contract awarded to US Pipeline
  Company
• Operating contract awarded to Kinder Morgan
  NatGas Operator LLC
• Agreement to interconnect with TransColorado

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Timeline of Major Milestones Achieved
9/03 12/03 1/04
12/04 1/05
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Project Timeline (most recent update)
Phase 1 Segment 2 Construction Jul 06 Nov 06
Phase 1 Segment 1 Construction Sep 05 Dec 05
Wamsutter to Cheyenne
Meeker to Wamsutter
1/05 12/05
1/06 12/06
1/07
Compressor Expansion to 1.5 Bcf/d
Phase 2 Construction of Facilities Apr 07 Jun 07
FERC Notice to Proceed Expected 9/5/05
Note All dates referenced above are
approximate and differ from the FERC filing
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Proposed Pipeline Interconnects
Bi-directional Interconnects CIG WIC
Delivery Interconnects CIG Cheyenne Plains
XCEL Trailblazer
Receipt Interconnects EnCana Gathering TransColor
ado
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Entrega Pipeline Capacity
Included in FERC Certificate dated 8/9/05
New FERC Application and open season required
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Market Pipeline Access
Wamsutter
Opal
Cheyenne Hub
Salt Lake City
Meeker Hub
Denver
Greensburg
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Wrap-up

• Review of Project Timeline
• Segment 1 (Meeker to Wamsutter) In Service
  December 2005
• Segment 2 (Wamsutter to Cheyenne) In Service
  November 2006
• Phase 2 (Compressor Expansion) In Service July
  2007
• We appreciate your continued support