Killajoules

Jordan Cove LNG and Pacific Connector Gas Pipeline Receive Draft Environmental Impact Statement
Veresen Inc. ("Veresen" or the "Company") (TSX: VSN) announced today that Jordan Cove Energy Project L.P. ("Jordan Cove LNG") and Pacific Connector Gas Pipeline., LP ("Pacific Connector") have today received a draft Environmental Impact Statement ("EIS") from the Federal Energy Regulatory Commission ("FERC") in the United States. The draft EIS assesses the liquefied natural gas ("LNG") terminal proposed by Jordan Cove LNG for Coos Bay, Oregon and the Pacific Connector Gas Pipeline proposed by Pacific Connector, which would extend 232 miles from the terminal to Malin, Oregon. Jordan Cove LNG and Pacific Connecter each filed an application to the FERC for approval to construct the LNG export terminal and the pipeline in May and June 2013, respectively.

Veresen Announces US$1.425 Billion Acquisition of 50% Interest in the Ruby Pipeline and Acquisition Financing
Veresen Inc. ("Veresen") (TSX: VSN) is pleased to announce that it has entered into an agreement with Global Infrastructure Partners ("GIP") to acquire GIP's 50% convertible preferred interest (the "Preferred Interest") in the Ruby pipeline system ("Ruby") for US$1.425 billion. The acquisition will be made through a wholly-owned subsidiary of Veresen.

Veresen Announces that Jordan Cove Receives License to Allow Export of LNG to U.S. non-Free Trade Agreement Countries
Veresen Inc. ("Veresen" or "the Company") (TSX: VSN) today announces that it has received a conditional order from the U.S. Department of Energy ("DOE") to export liquefied natural gas ("LNG") from the proposed Jordan Cove LNG export terminal to those countries that do not have Free Trade Agreement ("FTA") status with the United States.

Veresen Receives NEB Approval to Export Natural Gas to Supply the Jordan Cove LNG Project
Veresen Inc. ("Veresen" or the "Company") (TSX: VSN) announced today that its application to the National Energy Board ("NEB") for a long-term licence to export natural gas from Canada to the United States has been approved by the NEB. The exported natural gas will supply Veresen's proposed Jordan Cove liquefied natural gas ("LNG") export project located in Coos Bay, Oregon. The issuance of the licence to export natural gas is subject to approval of the Governor in Council.

Veresen Applies for Long-Term Export License for the Jordan Cove LNG Project
Veresen Inc. ("Veresen" or the "Company") (TSX: VSN) announced today that it has filed an application with the National Energy Board ("NEB") for a long-term license to export natural gas from Canada to the United States. The exported natural gas will supply Veresen's proposed Jordan Cove liquefied natural gas ("LNG") export project located in Coos Bay, Oregon.

Black & Veatch and Kiewit complete first stage of Jordan Cove LNG Facility
Black & Veatch and Kiewit have completed the front-end engineering and design (FEED) work and pre-construction planning activities for the Jordan Cove Liquefaction Project. Located in Coos Bay, Ore., the facility will utilize Black & Veatch’s PRICO® LNG technology to produce up to six million tons of liquefied natural gas (LNG) per year for export.

Veresen Reaches Major Milestone on Jordan Cove Energy Project with Filing of Formal FERC Application
Veresen Inc. ("Veresen" or the "Company") (TSX: VSN) is pleased to announce today that Jordan Cove Energy Project L.P. has filed an application with the United States Federal Energy Regulatory Commission ("FERC") to construct and operate a liquefied natural gas ("LNG") export facility ("Jordan Cove") on the west coast of the United States within the international Port of Coos Bay, Oregon.

Veresen Announces Satisfaction of all Conditions Precedent to the Completion of the Previously Announced Acquisition of Canadian
Veresen Inc. ("Veresen") (TSX: VSN) is pleased to announce that all conditions precedent for its previously announced acquisition (the "Acquisition") of the Hythe/Steeprock midstream gas gathering and processing complex from Encana Corporation have been satisfied. The Hythe/Steeprock complex includes two natural gas processing plants with combined functional capacity of 516 MMcf/d as well as approximately 40,000 hp of compression and 370 km of gas gathering lines. The parties anticipate closing the Acquisition on or about February 9, 2012.

Veresen Announces $920 Million Investment in the Montney with Strategic Acquisition of Canadian Midstream Assets and Acquisition
Veresen Inc. ("Veresen") (TSX: VSN) is pleased to announce today that, through a wholly-owned subsidiary, it has entered into agreements with Encana Corporation ("Encana") (TSX, NYSE: ECA) to acquire the Hythe/Steeprock midstream gas gathering and processing complex for $920 million. These assets are located in the Cutbank Ridge region of Alberta and British Columbia. Natural gas and natural gas liquids in the region are produced from the prolific Montney, Cadomin and other geological formations.

Veresen and Enbridge Continue to Grow Bakken Midstream Services
Veresen Inc. (TSX:VSN) and Enbridge Inc. (TSX:ENB) (NYSE:ENB), joint owners of Alliance Pipeline, today announced approval by their respective boards of directors which will allow Alliance to proceed with development of a natural gas pipeline lateral and associated facilities to connect production from the Hess Tioga field processing plant in the Bakken region of North Dakota to the Alliance mainline near Sherwood, ND. Alliance has executed a precedent agreement with Hess Corporation as an anchor shipper on the Tioga Lateral pipeline, including matching capacity on the Alliance mainline. Aux Sable (owned by Veresen, Enbridge and Williams Partners, L.P.) and Hess have reached a concurrent agreement for the provision of NGL services. The pipeline is expected to be in service by the third quarter of 2013, subject to regulatory and other required approvals.