Pembina Pipeline Corporation has entered into commercial agreements to proceed with a $170 million expansion of the Company's recently completed Resthaven Facility (a 200 million cubic feet per day (MMcf/d) (134 MMcf/d net to Pembina) gas processing facility) and to build, own and operate a new gas gathering pipeline that will deliver gas into the Resthaven Facility (collectively, the "Resthaven Expansion" or "the Project").

The Resthaven Expansion is underpinned by a long-term, fee-for-service contract with Mosaic Energy Ltd. (Mosaic). The gas processing expansion component of the Project is expected to cost approximately $105 million (gross) and increase capacity of the existing Resthaven Facility by an additional 100 MMcf/d (gross), bringing total capacity to 300 MMcf/d (gross).

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