Article: Falcon Gas Storage Company Proceeds with Hill-Lake Gas Storage Facility Phase II Expansion.

Energy Editors/Business Editors

HOUSTON--(BUSINESS WIRE)--June 10, 2004

Falcon Gas Storage Company Inc. today announced that wholly-owned subsidiary Hill-Lake Gas Storage, L.P. has received regulatory approvals to proceed with the Phase II expansion of its Hill-Lake Gas Storage Facility in Eastland County, Texas. Hill-Lake is a high deliverability, multi-cycle (HDMC) natural gas storage facility that serves markets in the Dallas-Ft. Worth area as well as other parts of north, east and west Texas, including the Waha pipeline hub.

"We have just completed an open season for Phase II capacity at Hill-Lake and are very pleased with the market ...

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