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Article: Falcon Gas Storage Subsidiary Closes on $335 Million Bank Loan Facility.
- Article from:
- Business Wire
- Article date:
- January 4, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HOUSTON -- Falcon Gas Storage Company, Inc. today announced that its newly created wholly-owned subsidiary, NorTex Gas Storage Company, LLC, has closed on a secured $335 million bank loan package for the expansion of its Hill-Lake and Worsham-Steed gas storage facilities in North Texas.
The financing consists of a $280 million construction and term loan that will be used to complete the Phase II and Phase III expansions of the Hill-Lake Gas Storage Facility in Eastland County, as well as the Phase I and Phase II expansions of the Worsham-Steed Gas Storage Facility in Jack County. The latter project includes the construction of a 63-mile, 24-inch 450,000 Mcfd ...
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Article: FGS holds open season for firm gas storage ...
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...Floridian Natural Gas Storage Company LLC recently solicited non-binding bid proposals from interested parties for firm storage service at its proposed natural gas storage facility near Indiantown in Martin County, FL. The FGS facility ...
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