09:52 AM EST - Crocotta Energy Inc. : previously announced that it has entered into rich gas premium agreements with Aux Sable Canada LP and an interconnection agreement with Alliance Pipeline Limited Partnership providing access to premium markets in the United States. Under the agreements Crocotta will deliver approximately 6,000 boepd of liquids-rich gas into the Alliance Pipeline. The liquids-rich gas will be processed and fractionated at Aux Sable Liquid Product's Channahon facility in Illinois. The benefits of such arrangement include significant increase in netback per boe (approximately $3.00 per boe) and reduced downtime. Crocotta is pleased to announce the facility and connection into Alliance are commissioned and gas flow into Alliance Pipeline has commenced. The project was on budget and on schedule. Crocotta Energy Inc.
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