Press Release

DBRS No Longer Provides Public Coverage of Pacific Northern Gas Ltd.

Utilities & Independent Power
March 12, 2012

DBRS will no longer provide rating coverage of Pacific Northern Gas Ltd. (the Company) on a public basis. DBRS notes that this action is unrelated to the credit profile of the Company.

DBRS has discontinued its rating on the Cumulative Redeemable Preferred Shares of the Company, as the preferred shares have been repaid.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Companies in the North American Energy Utilities (Electric and Natural Gas) Industry, which can be found on our website under Methodologies.

Ratings

Pacific Northern Gas Ltd.
  • Date Issued:Mar 12, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 12, 2012
  • Rating Action:Disc.-W/drwn
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.