Attachment Exhibit F

This document pretains to SES-ASG-20130205-00151 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2013020500151_984526

                         DESCRIPTION OF TRANSACTION


       By this application, Express Pipeline LLC (“Express Pipeline”) and Texas Eastern
Communications Inc. (“Texas Eastern”) request approval for the assignment described
below.

         On December 10, 2012, Spectra Energy Corp (“Spectra Energy”) entered into a
Securities Purchase Agreement with BPC Penco Corporation (“Borealis”), Kinder
Morgan Energy Partners, L.P. (“Kinder Morgan”), Ontario Teachers’ Pension Plan Board
(“Teachers’”), and certain trusts related to Borealis and Teachers’ (collectively, the
“Sellers”). The Agreement provides for the purchase by Spectra Energy, through certain
of its subsidiaries, of the Sellers’ 100 percent interest in the companies that comprise the
Express-Platte Pipeline System. The Express-Platte Pipeline System is a 1,717 mile
crude oil transportation network that connects Canadian and United States crude oil
producers to refineries in the Rocky Mountain and Midwest regions of the United States.

        As a result of the transaction, Fixed Satellite Service (“FSS”) Call Sign E970046
will be assigned from Express Pipeline to Texas Eastern at closing. Texas Eastern is a
Commission licensee and a subsidiary of Spectra Energy, which, through its subsidiaries
and affiliates, owns and operates a large diversified portfolio of natural gas pipelines and
related facilities in the United States.

        The FSS system is used in the operation of the Express-Platte Pipeline System
and is necessary for the proper functioning of the System. Accordingly, grant of this
application will serve the public interest.



Document Created: 2013-02-02 11:41:34
Document Modified: 2013-02-02 11:41:34

© 2024 FCC.report
This site is not affiliated with or endorsed by the FCC