Mr. Dan Gagnier of Fairwood reports

DELFIN LNG ANNOUNCES EQUITY INVESTMENT BY ENBRIDGE, INC.

Fairwood Peninsula Energy Corp. (Fairwood LNG), the parent company and 100-per-cent-owner of Delfin LNG LLC (Delfin LNG), has entered a strategic alliance with Enbridge Inc., in which Enbridge has purchased an equity position in Fairwood LNG. Enbridge has made a 5-per-cent equity investment in Fairwood LNG. Enbridge has also entered into a joint development agreement with Fairwood LNG to assist in the development of offshore LNG facilities in the Gulf of Mexico.

Frederick Jones, the chief executive officer of Fairwood LNG and founder of Delfin LNG, said: "Enbridge is a world-class company with a long and admirable history in the North American mid-stream energy sector. We are thrilled to be establishing this alliance, which we believe provides a strong platform for future growth. We look forward to a long-term relationship with Enbridge."

Dave Weathers, vice-president of development, Enbridge U.S. mid-stream, said: "We are pleased to make this investment. As part of the development agreement, we will bring our expertise to the table regarding pipeline project management, pipeline operations and sourcing gas to facilities."

As a result of the equity position, Enbridge will hold one of the seven board of director seats.