Arizona Natural Gas Storage LLC (“ANGS”)

Arizona Natural Gas Storage LLC (ANGS) has spent over two years actively trying to develop an underground natural gas storage facility within the state of Arizona. We firmly believe this infrastructure is necessary to support the growing Arizona market and would position the state well for continued growth in the future.

Unfortunately, at this time, the customer and market support needed to develop such a resource has yet to come to fruition. ANGS' ability to proceed with our proposed storage facility near Eloy has always been dependent on this customer and market support. At this time, ANGS is suspending its efforts to develop the facility. It is our hope that over thime, as the market recovers, gas storage can become a reality in Arizona and we will be able to continue our efforts.