This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cardinal Gas Storage Partners LLC Announces Non-Binding Open Seasons For Two Facilities

HOUSTON, 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, Arcadia in North Louisiana and Monroe in Mississippi, provide access to markets in the Midwest, Northeast and Southeast.

Through these non-binding open seasons, Arcadia and 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 and the Monroe web site at, or by contacting Brad Ledbetter at 713-350-2525 and email at or 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

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs