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Aug. 31, 2012 /PRNewswire/ -- Cardinal Gas Storage Partners LLC ("Cardinal") announced today the start of non-binding open seasons, beginning
Tuesday, September 4, 2012 and running through
Friday, September 28, 2012, for wholly owned subsidiaries, Arcadia Gas Storage, LLC ("
Arcadia") and Monroe Gas Storage Company, LLC ("
Monroe"). These open seasons will gauge market interest in available capacity at each facility. These strategically located facilities,
North Louisiana and
Mississippi, provide access to markets in the Midwest, Northeast and Southeast.
Through these non-binding open seasons,
Monroe are soliciting market interest in subscribing to firm storage capacity, and anticipate providing multi-cycle service as requested by the market. These open seasons are each for approximately 6.0 Bcf of firm storage capacity available beginning summer of 2013, and spring of 2013, respectively.
These non-binding open seasons begin at
8:00 am CDT on
September 4, 2012 and will end at
5:00 pm CDT on
September 28, 2012. A completed Arcadia Expression of Interest Form and/or a Monroe Expression of Interest Form should be faxed to
Brad Ledbetter at 713-350-2575 by
5:00 pm CDT on
September 28, 2012. The Expression of Interest Form, maps and other information can be found on the
Arcadia website at
www.arcadiagasstorage.com and the
Monroe web site at
www.monroegasstorage.com, or by contacting
Brad Ledbetter at 713-350-2525 and email at
Brandy Clark at 713-350-2504 and email at
Cardinal is a joint venture between Redbird Gas Storage LLC ("Redbird") and funds controlled by Energy Capital Partners, LLC ("ECP"). Since its inception in 2008, Cardinal has been focused on the development, construction, operation and management of natural gas storage facilities throughout
North America. Cardinal also owns Perryville Gas Storage LLC and Cadeville Gas Storage LLC and is in the process of developing additional natural gas storage infrastructure in
North America. For more information, visit
About Redbird Gas Storage LLCRedbird is a joint venture formed by Martin Resource Management Corporation and Martin Midstream Partners L.P. (Nasdaq: MMLP) to invest in natural gas storage related opportunities through its ownership interests in Cardinal.
About Energy Capital PartnersEnergy Capital Partners is a private equity firm with offices in
Short Hills, New Jersey and
San Diego, California. ECP has over
$7 billion of capital commitments under management and is focused on investing in the power generation, electric transmission, midstream gas, renewable energy, oil field services and environmental services sectors of
North America's energy infrastructure. The fund's management has substantial experience leading successful energy companies and energy infrastructure investments. For more information, visit
SOURCE Cardinal Gas Storage Partners LLC