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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Dated August 2, 2005
Commission file number 0-21080
ENBRIDGE INC.
(Exact name of Registrant as specified in its charter)
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Canada
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None |
(State or other jurisdiction
of incorporation or organization)
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(I.R.S. Employer Identification No.) |
3000, 425 1st Street S.W.
Calgary, Alberta, Canada T2P 3L8
(Address of principal executive offices and postal code)
(403) 231-3900
(Registrants telephone number, including area code)
[Indicate by check mark whether the Registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.]
[Indicate by check mark whether the Registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934].
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE REGISTRATION
STATEMENTS ON FORM S-8 (FILE NO. 333-13456, 333-97305 AND 333-6436), FORM F-3 (FILE NO. 33-77022)
AND FORM F-10 (FILE NO. 333-122526) OF ENBRIDGE INC. AND TO BE PART THEREOF FROM THE DATE ON WHICH
THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED
OR FURNISHED.
Page 1
TABLE OF CONTENTS
The following documents are being submitted herewith:
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Press Releases dated July 5, 2005. |
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Press Release dated July 7, 2005. |
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Press Release dated July 28, 2005. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ENBRIDGE INC.
(Registrant)
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Date: August 2, 2005 |
By: |
/s/
Alison T. Love
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Alison T. Love |
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Vice President & Corporate Secretary |
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Page 2
NEWS RELEASE
Enbridge Inc. to Webcast 2005 Second Quarter Financial Results Conference Call
CALGARY, Alberta, July 5, 2005 Enbridge Inc. will host a webcast conference call to discuss
its 2005 second quarter financial results as follows:
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Event:
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2005 Second Quarter Financial Results Conference Call |
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Date:
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July 28, 2005 |
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Time:
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7:30 a.m. MDT / 9:30 a.m. EDT |
Within North America, the toll-free call in number is 1-800-299-0148. Interested parties outside
North America can call in to (617) 801-9711. The access code for both dial-in numbers is 90156282.
To register for the live internet webcast, interested parties may access the call as follows: go
to http://www.enbridge.com/investor and follow the conference call registration link. A
transcript and replay of the call will be available on the Enbridge website approximately two hours
after conclusion of the live event at toll-free 1-888-286-8010 or (617) 801-6888. The access code
to the replay is 48398044.
The conference call will cover the Companys most recent financial results and may contain
forward-looking statements. When used in the call, words such as anticipate, expect,
project, and similar expressions are intended to identify such forward-looking statements.
Although Enbridge believes that these statements are based on information and assumptions which are
current, reasonable and complete, these statements are necessarily subject to a variety of risks
and uncertainties pertaining to operating performance, regulatory parameters, economic conditions
and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian
securities law and American SEC filings. While Enbridge makes these forward-looking statements in
good faith, should one or more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary significantly from those expected.
Enbridge common shares trade on the Toronto Stock Exchange in Canada and the New York Stock
Exchange in the United States under the symbol ENB.
For further information, contact:
Enbridge Investor Relations
403-231-5957 / 1-800-481-2804
Investor Web Site
www.enbridge.com/investor
NEWS RELEASE
Enbridge announces Open Season on the Gateway Projects Condensate Import Pipeline
CALGARY,
Alberta, July 7, 2005 Enbridge Inc. today announced it will conduct an Open Season
for the Gateway Projects Condensate Import Pipeline, which would provide transportation for
offshore condensate supply from Canadas West Coast at Kitimat or Prince Rupert, British Columbia
with redelivery to Edmonton, Alberta. The condensate import pipeline is a potential element of the
Gateway Project, which also involves the crude oil export pipeline to transport crude oil from
Edmonton to Kitimat or Prince Rupert to service both U.S. West Coast markets and Asia-Pacific
refiners. A separate open season for the crude oil export pipeline will be held later this year.
Recent and anticipated market demand for condensate in Western Canada has stimulated considerable
interest in the condensate line. The purpose of the Open Season is to confirm shipper support for
the line to permit Enbridge to incorporate it into the Gateway Project development plan. The
decision to proceed with one or both pipelines is subject to commercial considerations, including
satisfactory shipper commitments, as well as successful completion of engineering, environmental
planning, and public and Aboriginal consultation. The Company has already completed preliminary
design work, engineering and environmental assessments of the pipeline, and is conducting a public
and Aboriginal consultation program.
The Condensate Import Pipeline Open Season will proceed in two phases. Phase I will begin at noon
MDT on July 8 and end at 5 p.m. MDT on August 12, 2005. During Phase I, prospective shippers will
be provided the opportunity to comment on the documents and will be requested to provide
indications of volume commitments. Phase II will occur between noon MDT on August 15 and 5 p.m. MDT
on September 30, 2005. Phase II will involve the execution by prospective shippers of a Precedent
Agreement that will become binding when accepted and executed by Enbridge.
The Open Season procedures are available on the Enbridge website at www.enbridge.com/gateway.
The Gateway condensate import pipeline would involve construction of a new 16-inch diameter
pipeline with a minimum initial capacity of approximately 150,000 barrels per day to transport
offshore condensate supplies from Kitimat or Prince Rupert to Edmonton. The pipeline would include
docking and tankage terminal facilities in Kitimat or Prince Rupert and tankage terminal facilities
in Edmonton, located next to Enbridges existing tankage terminal facility. As with a crude oil
export pipeline, the deepwater port would provide access to large-scale marine vessels and lower
cost transportation options to potential shippers. The condensate import pipeline
would be placed into service by mid-year 2010 and could benefit significantly from cost savings
recognized if constructed concurrently with a crude oil export pipeline.
The Gateway condensate import pipeline will benefit Canadian producers by providing cost-effective
transportation access for new condensate supply sources to meet the growing requirements for the
production of Western Canadas oil sands.
Gateway is prepared to consider offering up to 49% of the equity participation in the Condensate
Import Pipeline to shippers who enter into long-term capacity commitments.
Enbridge Inc. is a leader in energy transportation and distribution in North America and
internationally. As a transporter of energy, Enbridge operates, in Canada and the U.S., the
worlds longest crude oil and liquids transportation system. The Company also has international
operations and a growing involvement in the natural gas transmission and midstream businesses. As
a distributor of energy, Enbridge owns and operates Canadas largest natural gas distribution
company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State.
Enbridge employs more than 4,000 people, primarily in Canada, the U.S. and South America.
Enbridges common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock
Exchange in the U.S. under the symbol ENB. Information about Enbridge is available on the
Companys web site at www.enbridge.com.
Certain information provided in this news release constitutes forward-looking statements. The
words anticipate, expect, project, estimate, forecast and similar expressions are
intended to identify such forward-looking statements. Although Enbridge believes that these
statements are based on information and assumptions, which are current, reasonable and complete,
these statements are necessarily subject to a variety of risks and uncertainties pertaining to
operating performance, regulatory parameters, weather, economic conditions and commodity prices.
You can find a discussion of those risks and uncertainties in our Canadian securities filings and
American SEC filings. While Enbridge makes these forward-looking statements in good faith, should
one or more of these risks or uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary significantly from those expected. Enbridge assumes no
obligation to publicly update or revise any forward-looking statements made herein or otherwise,
whether as a result of new information, future events or otherwise.
Contacts:
Media:
Enbridge Inc.
Jim Rennie
(403) 231-3931
Email: jim.rennie@enbridge.com
Investment Community:
Enbridge Inc.
Colin Gruending
(403) 231-5919
Email: colin.gruending@enbridge.com
NEWS RELEASE
Enbridge
Receives Strong Customer Support For Southern Access Projects
Major expansion will supply additional Canadian crude oil to U.S. markets
CALGARY, Alberta and HOUSTON, Texas, July 28, 2005 Enbridge Inc. (TSX/NYSE:ENB) and
Enbridge Energy Partners, L.P. (NYSE:EEP) (the Partnership) today announced a successful
conclusion to their Open Season to confirm shipper support for the Southern Access Mainline
Expansion Program. Letters of support from shippers strongly endorsed the need to proceed with all
three phases of the expansion concurrently, which will provide an additional 400,000 barrels per
day (bpd) of crude oil capacity on the Enbridge mainline system from Hardisty, Alberta to Chicago,
Illinois as early as 2009.
Negotiation of final contract terms with individual shippers, or the Canadian Association of
Petroleum Producers on their behalf, as well as Canadian and U.S. regulatory approvals are key
remaining expansion program milestones.
Richard Bird, Group Vice President Liquids Pipelines for both Enbridge and the Partnership said,
The Southern Access Program is a key component of our overall plan to facilitate access to new
markets for expanding supplies of crude oil from the Alberta oil sands. The Program represents the
lowest cost alternative for the capacity and market access required by our customers, even before
expected cost savings of US$120 million that are achievable by completing the three phases within a
reasonably tight timeframe. As well, the expansion will provide the shortest possible transit
times, lowest shipper investment in line-fill, and greatest flexibility for storage and alternative
delivery options.
Bird continued, The Program is also good for U.S. refiners because it enhances their access to a
secure and expanding source of crude oil supplies and will permit better segregation of crude types
to greatly enhance the quality of crudes delivered from the Enbridge system.
The Canadian portion of the Southern Access Expansion Program from Edmonton to the international
border near Neche, North Dakota, will be undertaken by Enbridge Pipelines Inc., the Enbridge
subsidiary that owns the Canadian mainline system, at a cost of approximately US$135 million in
2005 dollars.
The U.S. portion of the expansion program, from the international border to Chicago, will be
undertaken on the Partnerships Lakehead system (the U.S. mainline system), at a cost of
approximately US$760 million in 2005 dollars, taking into consideration the expected savings of
proceeding with all three phases concurrently. Tariffs for this portion of the expansion would be
based on the Federal Energy Regulatory Commissions trended original cost model, including a 9%
real return on equity.
The Open Season also sought non-binding indications of interest for the Southern Access Extension
Project, involving an Enbridge Inc. extension from the Lakehead System near
Chicago to Wood River and/or Patoka, Illinois. Enbridge was pleased with the initial support for
the extension project and will continue detailed discussions to finalize the projects design and
timing in preparation for a second, binding Open Season.
Additional information on the Southern Access Program has been posted in the About Us section on
www.enbridgepartners.com.
ABOUT THE ENBRIDGE-LAKEHEAD MAINLINE SYSTEM
The Partnerships Lakehead System and affiliate Enbridge Pipelines system in Canada are
operationally integrated. Together, the systems deliver approximately two-thirds of the crude oil
produced in western Canada to refinery centers in the U.S. Upper Midwest and Canada. The Lakehead
System spans approximately 1,900 miles in the United States, from the international border near
Neche, North Dakota, to the international border near Marysville, Michigan, with an extension
across the Niagara River into the Buffalo, New York area. The system is strategically located and
provides low-cost and highly reliable delivery of crude oil and natural gas liquids to premium U.S.
refinery markets, including Minneapolis-St. Paul, Chicago and Detroit-Toledo. In early 2006, the
Lakehead System will have access to the Cushing Terminal, one of the largest crude transportation
and storage hubs in North America, via the Spearhead pipeline (now undergoing reversal by
Enbridge).
ABOUT ENBRIDGE ENERGY PARTNERS
Enbridge Energy Partners, L.P. (www.enbridgepartners.com) owns the U.S. portion of the
worlds longest liquid petroleum pipeline and is active in natural gas gathering, processing and
transmission. Enbridge Energy Management, L.L.C. (NYSE:EEQ) (www.enbridgemanagement.com)
manages the business and affairs of the Partnership, and its sole asset is an approximate 18
percent interest in the Partnership. Enbridge Energy Company, Inc., an indirect wholly owned
subsidiary of Enbridge Inc., is the General Partner of Enbridge Partners and holds an approximate
11 percent effective interest in Enbridge Partners.
ABOUT ENBRIDGE
Enbridge Inc. (www.enbridge.com) is a leader in energy transportation and distribution in
North America and internationally. As a transporter of energy, Enbridge operates, in Canada and
the United States, the worlds longest crude oil and liquids pipeline system. Enbridge also has
international operations and a growing involvement in the natural gas transmission and midstream
businesses. As a distributor of energy, Enbridge owns and operates Canadas largest natural gas
distribution company, which provides distribution services in the provinces of Ontario and Quebec,
and in New York State; and is developing a gas distribution system for the Province of New
Brunswick. Enbridge is a Canadian company and its common shares trade on the Toronto Stock
Exchange in Canada and on the New York Stock Exchange in the United States under the symbol ENB.
LEGAL NOTICE
When used in this news release, words such as anticipates, expects, plans, will and similar
expressions are intended to identify forward-looking statements. Such statements are subject to
certain risks, uncertainties and assumptions pertaining to factors such as: (1) changes in the
demand for, or the supply of, and price trends related to crude oil and natural gas liquids;
including the rate of development of the Alberta Oil Sands; (2) changes in or challenges to
Enbridge Partners tariff rates; (3) the effects of competition, including by other pipeline
systems; (4) regulatory approvals; and (5) performance of other parties. Reference should also be
made to Enbridge Partners filings with the U.S. Securities and Exchange Commission, including its
Annual Report on Form 10-K for the most recently completed fiscal year, for additional factors that
may affect results. These filings are available to the public over the Internet at the SECs web
site (www.sec.gov) and via Enbridge Partners web site.
CONTACTS
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Investor Relations Contacts: |
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Enbridge Partners:
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Enbridge Inc.: |
Tracy Barker
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Colin Gruending |
Toll-free: (866) EEP INFO
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(403) 231-5919 |
or (866) 337-4636
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E-mail: colin.gruending@enbridge.com |
E-mail: eep@enbridge.com |
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Media Contact: |
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Denise Hamsher |
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Telephone: (713) 821-2089 |
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E-mail: usmedia@enbridge.com |
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Source: Enbridge Inc. and Enbridge Energy Partners, L.P.