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Gap Earnings: 71 Cents EPS, $3.73 Billion Revenue vs. Expectations of 69 Cents EPS, $3.68 Billion Revenue

BRIEF-Keyera reports investment at Rimbey gas plant

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Published: Monday, 1 Oct 2012 | 6:37 AM ET

Oct 1 (Reuters) - Keyera Corp :

* Announces $210 million investment in turbo expander at rimbey gas plant to

increase ngl recoveries

* Says expects to extract up to 20,000 barrels per day of ethane through the

turbo expander unit

* Extracted ethane will be sold to a large consumer in Alberta under a long

term sales agreement

* Project will allow Keyera to recover over 90% of the ethane at the rimbey gas

plant

* Project includes installation of a new 400 million cubic feet per day turbo

expander unit

* Says construction phase of the plant expansion is anticipated to begin in the

fourth quarter of 2012

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*Announces $210 million investment in turbo expander at rimbey gas plant to. *Extracted ethane will be sold to a large consumer in Alberta under a long. *Project will allow Keyera to recover over 90% of the ethane at the rimbey gas.

   
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