News Release
February 11, 2008

Spectra Energy Proposes Expansion of its Grizzly Valley Gathering System in British Columbia to Meet Producer Demand

Calgary, Alberta – Spectra Energy is proposing to expand its natural gas gathering system to accommodate growing production in the Grizzly Valley area of northeastern British Columbia. The proposed project is part of a third phase of expansion related to its Pine River facility, and would allow for the transport of incremental raw gas to its Pine River Processing Plant near Chetwynd, BC.

“We’re encouraged by the exploration and development activity in the Grizzly Valley area and the requests from our customers for increased service capacity,” said Gary Weilinger, president, BC Pipeline and BC Field Services Divisions, Spectra Energy.

The project will involve approximately 17 kilometres of pipeline, running parallel to existing lines and will add gathering capacity in excess of 40 million cubic feet per day. Spectra Energy has been performance-testing its Pine River plant and making operating adjustments to accommodate the increased delivery of gas.

The company filed a pipeline application for this facility expansion with the National Energy Board in December 2007 and expects the new line and associated facilities modifications within the Grizzly Valley operating area to be operational by November 2008.

Spectra Energy Corp (NYSE: SE) is one of North America’s premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage and distribution. For close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related energy infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 17,500 miles of transmission pipeline, 265 billion cubic feet of storage, natural gas gathering and processing, natural gas liquids operations and local distribution assets. Spectra Energy Corp also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Visit www.spectraenergy.com for more information.

Sandy Poggemiller
(604) 691-5077
(713) 627-4747 (24-hour media line)

John Arensdorf
(713) 627-4600