On Monday, June 29, interim service began on REX East, the eastern section of Kinder Morgan Energy Partners' (KMP) 1,679-mile multi-state Rockies Express Pipeline (REX). With a capacity of 1.6 billion cubic feet per day (Bcf/d), natural gas started flowing on the 444-mile segment of the $6.6 billion pipeline that runs from Audrain County, Missouri, to the Lebanon interconnection point in Warren County, Ohio. Earlier, during May last year, the western section of the pipeline (REX West) came online. The 713-mile pipeline runs from the Cheyenne hub in Weld County, Colorado, to a major delivery point in Brown County, Kansas and has a capacity of 1.5 Bcf/d.

The remaining portion of the 639-mile 42-inch diameter Rex East pipeline, which will end in Clarington, Ohio, is expected to be operational by November 1, 2009. When fully completed, the entire 1,679-mile pipeline will be capable of transporting roughly

In some instances, investing in a sector that is out of favor is one of the more savvy things to do. Others may say that an investment in such a sector is a waste of time and money. Others, however, will see the longer view and take the rollercoaster ride for a final reward. If the reasoning is sound, an investor can make a nice profit by living by their convictions.

Northern Explorations Ltd., a natural recourses exploration company, works to develop properties primarily in North America. Although the company works across the range of natural resource opportunities, it is currently focused on natural gas plays in California, Texas and Alberta Canada.

The company has been making solid headway in establishing itself as a leading regional player within the natural gas sector. Today, it announced an agreement which gives it a 47.5% net revenue agreement in a West Texas natural gas opportunity.