Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from the line of Carl Kirst with BMO Capital Markets.
Carl Kirst - BMO Capital Markets
First off, just a clarification, as I was writing everything down. At the very end when you were saying about the 2010 capital program on E&P you said half is going to go to Haynesville, Eagle Ford, Altamonte. Did you follow that up by saying, overall, it should be basically the same level as 2009? Did I hear that correct?
Doug Foshee
I said consistent, which means pretty close to the same.
Carl Kirst - BMO Capital Markets
The real question that I wanted to ask also on the CapEx and maybe this is a little bit too much into the 2010 guidance. But as we sort of look at the potential now, we've got perhaps more opportunities coming in midstream, Jim mentioned other opportunities might be coming their way, perhaps some of that in Florida. But as we've now kind of taken these additional moves what do you think is perhaps the CapEx program that if we saw more opportunities coming to you guys? What do you think the CapEx you could support without jeopardizing your ratings? Is that something you can answer?
Doug Foshee
I think we'll be able to support easily the 2010 capital plan that we're going to show you on December 10. I think you should think about as I mentioned that the outset, think about our midstream strategy as a very long-term strategy for us. It is something that we have wanted to do for some time. We think now is the time to begin to do it. But you shouldn't think about that as necessarily causing significant capital needs over and above what we were planning to spend in 2010.
And you ought to think about, while we have lots of, we think, opportunities in front of us, for more infrastructure needs for our customers, I would anticipate most of that capital would be more like 2011, 2012 and beyond and so after we've hit this what we have said previously as our big capital spending year in the pipes in 2010 and then we've said we're going to be relatively consistent year-over-year with capital spending in E&P though because we continue to see a mix shift, meaning more capital in places like Haynesville, we should continue to see improvements in the capital efficiency of that spending.
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