Page 2 - FORWARD-LOOKING INFORMATION
SPECTRA ENERGY PARTNERS, LP filed this Form 8-K on 1/22/2018
The transaction closed immediately after the signing of
the definitive agreement.
This release includes "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking
statements are based on our beliefs and assumptions. These forward-looking statements are identified by terms and phrases such
as: anticipate, believe, intend, estimate, expect, continue, should, could, may, plan, project, predict, will, potential, forecast,
and similar expressions. Forward-looking statements involve risks and uncertainties that may cause actual results to be materially
different from the results predicted. Factors that could cause actual results to differ materially from those indicated in any
forward-looking statement include, but are not limited to: state, federal and foreign legislative and regulatory initiatives that
affect cost and investment recovery, have an effect on rate structure, and affect the speed at and degree to which competition
enters the natural gas and oil industries; outcomes of litigation and regulatory investigations, proceedings or inquiries; weather
and other natural phenomena, including the economic, operational and other effects of hurricanes and storms; the timing and extent
of changes in commodity prices, interest rates and foreign currency exchange rates; general economic conditions, including the
risk of a prolonged economic slowdown or decline, or the risk of delay in a recovery, which can affect the long-term demand for
natural gas and oil and related services; potential effects arising from terrorist attacks and any consequential or other hostilities;
changes in environmental, safety and other laws and regulations; the development of alternative energy resources; results and costs
of financing efforts, including the ability to obtain financing on favorable terms, which can be affected by various factors, including
credit ratings and general market and economic conditions; increases in the cost of goods and services required to complete capital
projects; declines in the market prices of equity and debt securities and resulting funding requirements for defined benefit pension
plans; growth in opportunities, including the timing and success of efforts to develop U.S. and Canadian pipeline, storage, gathering,
processing and other related infrastructure projects and the effects of competition; the performance of natural gas and oil transmission
and storage, distribution, and gathering and processing facilities; the extent of success in connecting natural gas and oil supplies
to gathering, processing and transmission systems and in connecting to expanding gas and oil markets; the effects of accounting
pronouncements issued periodically by accounting standard-setting bodies; conditions of the capital markets during the periods
covered by forward-looking statements; and the ability to successfully complete merger, acquisition or divestiture plans; regulatory
or other limitations imposed as a result of a merger, acquisition or divestiture; and the success of the business following a merger,
acquisition or divestiture. These factors, as well as additional factors that could affect our forward-looking statements, are
described under the headings "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Information"
in our 2016 Form 10-K, filed on February 24, 2017, and in our other filings made with the Securities and Exchange Commission (SEC),
which are available via the SEC's website at www.sec.gov. In light of these risks, uncertainties and assumptions,
the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time
than we have described. All forward-looking statements in this release are made as of the date hereof and we undertake no obligation
to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
ABOUT SPECTRA ENERGY PARTNERS
Spectra Energy Partners, LP is one of the largest pipeline
master limited partnerships in the United States and connects growing supply areas to high-demand markets for natural gas and crude
oil. These assets include more than 15,000 miles of transmission pipelines, approximately 170 billion cubic feet of natural gas
storage, and approximately 5.6 million barrels of crude oil storage. Spectra Energy Partners, LP is traded on the New York stock
exchange under the symbol SEP; information about the company is available on its website at www.spectraenergypartners.com.