Denali Project Update

Denali Project Update (LINK). Bullet points from the report:

• Completed a significant field program in Alaska.
• Established a Tok field office.
• Advanced engineering in the areas of route reconnaissance, thermal modeling, river crossings, and pipeline design.
• Awarded a multi-million dollar contract for preliminary engineering for the gas treatment plant (GTP) in February 2009 to Fluor WorleyParsons Arctic Solutions with CH2MHill as their exclusive Alaska subcontractor.
• Awarded a multi-million dollar contract for preliminary engineering for the mainline project in April of 2009 to Bechtel.
• Initiated stakeholder engagement in the U.S. and Canada.
• Pre-filed with the FERC in June 2008.
• Filed for a right-of-way across federal lands in Alaska.
• Actively began workforce development.
• Initiated conversations with regulatory agencies and governments at both local and federal levels in the U.S. and Canada.
• Conducted hydrology field studies in Canada.