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NiSource Announces Joint Ventures With Hilcorp To Develop Hydrocarbons And Midstream Infrastructure In Northeastern Ohio And Western Pennsylvania

About the NiSource Gas Transmission & Storage Companies, including NiSource Midstream Services: As units of NiSource Inc. (NYSE: NI), the NiSource Gas Transmission & Storage (NGT&S) companies include Columbia Gas Transmission, Columbia Gulf Transmission, Hardy Storage, Millennium Pipeline, Crossroads Pipeline and NiSource Midstream Services (NMS). NMS is focused on providing a variety of producer services including gathering, treating, conditioning, processing, compression and liquids handling in the Marcellus and Utica shale plays. Combined, the NGT&S companies operate approximately 15,000 miles of interstate natural gas pipeline and 37 storage fields, delivering more than one trillion cubic feet of natural gas per year. For more information, please visit www.ngts.com.  

About NiSource

NiSource Inc. (NYSE: NI), based in Merrillville, Ind., is a Fortune 500 company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. NiSource operating companies deliver energy to more than 3.8 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England. Information about NiSource and its subsidiaries is available via the Internet at www.nisource.com.  

About Hilcorp

Hilcorp Energy Company is currently one of the largest privately-owned independent oil and natural gas companies in the United States. Headquartered in Houston, Texas, Hilcorp has over 1000 employees and engages in oil and gas exploration, development, and production in eleven operating areas, including the Cook Inlet region of Alaska, the Texas/Louisiana Gulf Coast, the Utica shale, the Gulf of Mexico, and the Rockies.  Hilcorp's pipeline affiliates operate natural gas and oil pipelines in many of the geographic areas where Hilcorp has production. 

Forward-Looking Statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements include statements regarding the intent, belief or current expectations of NGT&S and its management. Although NGT&S believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Readers are cautioned that the forward-looking statements in this presentation are not guarantees of future performance and involve a number of risks and uncertainties, and that actual results could differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the following: weather; fluctuations in supply and demand for energy commodities; growth opportunities for NGT&S' businesses; the success of regulatory and commercial initiatives; dealings with third parties over whom NGT&S has no control; actual operating experience of NGT&S' assets; the regulatory process; regulatory and legislative changes; the impact of potential new environmental laws or regulations; the results of material litigation; changes in general economic, capital and commodity market conditions; and counterparty credit risk and the matters set forth in the "Risk Factors" Section in NiSource Inc.'s 2011 Form 10-K and 2012 Forms 10-Q, many of which are risks beyond the control of NGT&S. NGT&S expressly disclaims a duty to update any of the forward-looking statements contained in this release.

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