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Permalink Reply by Joe Kuhl on February 9, 2014 at 1:26pm

Offers are $30k - $80k+ per acre in KY with 30% bonus.  Lots of people saying no. Not sure they are going to get through. 

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Permalink Reply by Mark McGrail on February 10, 2014 at 2:23am

That's about $70 per foot.

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Permalink Reply by Gary L on February 10, 2014 at 3:39pm

http://blogs.wsj.com/corporate-intelligence/2014/02/10/the-latest-n...

Does this news derail the Bluegrass Pipeline Project ?

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Permalink Reply by Joe Kuhl on February 10, 2014 at 4:08pm

Wondering the same.  Also, agent activity in KY seems to have recently slowed down.  Here are some excerpts from this morning's call. What is going on with agent activity in other areas?

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Stanley Horton - CEO, President and Director

The Bluegrass project open season for natural gas liquids transportation capacity for the Marcellus and Utica shale plays to the U.S. Gulf Coast petrochemical and export complex concluded on January 17. Working with Williams, we are continuing to evaluate all aspects of the projects and engage in ongoing discussions with certain parties regarding their interest and making commitments for the pipeline, fractionation and LPG export terminal capacity.

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Sharon Lui - Wells Fargo Securities

Okay. And then I guess in terms of making a decision on the Bluegrass project, do you anticipate making a decision in the first half of this year or what's the potential timing of that?

Stanley Horton - CEO, President and Director

We'll work with our partner and see how the discussions go with the customers. And it's based upon those discussions and when the customers are ready to commit it that we'll make the decision.

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John Edwards - Crédit Suisse AG

Yes, good morning, everybody. Just following on Sharon's question on Bluegrass, I'm just curious is there a particular issue on Bluegrass that is perhaps common to customers, if it might be hanging up securing commitments that you might be able to share with us?

Stanley Horton - CEO, President and Director

The only thing that I'd like to say is that we are in discussions with customers who have expressed an interest in the pipeline and we continue to have those discussions. And as we have always said, if we can the right market commitment and the right regulatory approvals then we'll proceed with the project. And we are in the process of trying to do both of those things.

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