Question-and-Answer Session
Operator
(Operator instructions) And our first question is from the line of Gary Stromberg with Lehman Brothers. Please go ahead.
Chris Cole – Lehman Brothers
Hi guys. Good afternoon. This is actually Chris Cole [ph]. In regards to the VESCO acquisition from Chevron, have you all given any details about how much you paid for that interest?
Rene Joyce
No, we have not.
Chris Cole – Lehman Brothers
Is there any kind of information you can give us on that or –
Rene Joyce
No.
Chris Cole – Lehman Brothers
How about 2008 CapEx, is there any guidance you all have updated for 2008 for CapEx just at Targa Resources, not including NGLS.
Matt Meloy
I don’t know that we’re prepared to kind of give our total forecasted CapEx guidance for the year. I don’t think we have really an update on that number for you.
Chris Cole – Lehman Brothers
Okay. And how about drop downs. Is there any kind color you can give us on – thoughts on I guess timing for next dropdown to NGLS or the size or what assets –?
Rene Joyce
No. We’ve been particularly clear not to give any guidance on dropdowns. It’s something that we said we would offer the assets at TRI to the partnership over time. The one statement that we’ve been making is we feel fairly comfortable that the projects that we have down at the partnership, the distribution coverage, some small complementary additions or acquisitions, we can grow the distributions fairly nicely at the MLP without any dropdowns or acquisitions. But again, we haven’t given any guidance on the sizing or timing of any future dropdowns.
Chris Cole – Lehman Brothers
Okay.
Matt Meloy
This is Matt here for a follow up on the CapEx question. We did provide some information in the Q. But other than that we won’t provide any update. But in the Q, we said it’s a $184 million of total consolidated CapEx for ’08 and in the Targa Partners, we disclosed $70 million of forecasted ’08 CapEx.
Chris Cole – Lehman Brothers
Okay. And that’s all just growth CapEx?
Matt Meloy
No. It’s maintenance and growth.
Chris Cole – Lehman Brothers
Okay. Great. Thank you.
Operator
Our next question is from the line of Adam Leight with RBC Capital Markets. Please go ahead.
Adam Leight – RBC Capital Markets
Hi, good afternoon.
Matt Meloy
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