Southern California Gas Aliso Canyon Progress Update
Relief Well Operations Advancing On-Schedule into Fourth of Five Phases; Efforts to Alleviate Community Concerns, Reduce Emissions Continue
LOS ANGELES, Jan. 13, 2016 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) continues to work as quickly and safely as possible to stop the natural gas leak at its Aliso Canyon Storage Facility while reducing the odor reaching the community. The update below covers events and activities for the time period January 4-13, 2016. More information on the topics below is available by calling the media hotline at (877) 643-2331 or visiting www.AlisoUpdates.com. Resident Relocations Continue Progress on the Stopping the Leak—Relief Well in Phase 4 The relief well process is scheduled to be complete sometime between late-February and late-March. A fact sheet on the relief well can be found on the SoCalGas newsroom: https://www.socalgas.com/newsroom. All work continues in conjunction with multiple agencies including: Los Angeles County and City Fire, California Office of Emergency Services, Division of Oil, Gas and Geothermal Research (DOGGR), the California Public Utilities Commission (CPUC) and California Occupational Safety and Health Administration (CalOSHA), to oversee the operation and worker safety. Sen. Fran Pavley's Legislative Proposals SoCalGas appreciates the legislators' interest in the topic and looks forward to participating in the public discussion. As we have since this incident began, SoCalGas stands willing and ready to cooperate with the Governor's office, all state and local officials, and regulatory agencies. Air Quality and Public Health Information SoCalGas continues to conduct twice daily air sampling both at the leak site and within the community. Results are posted on its website. The California Office of Environmental Health Hazard Assessment (OEHHA) has completed its review of the available data and has noted that "...the available Porter Ranch neighborhood air sample data does not indicate that an acute toxicity health hazard exists in the Porter Ranch neighborhood due to the Aliso Canyon natural gas leak." More information can be found on the OEHHA website. Also, according to the Los Angeles County of Department of Public Health, (LA County DPH) Aliso Canyon Gas Leak Health Fact Sheet, Mercaptans, the odorant in the gas emitting from Aliso Canyon, may cause eye, nose and throat irritation, coughing and nasal congestion, shortness of breath, nausea, stomach discomfort, dizziness and headaches. A number of the residents of Porter Ranch have reported experiencing one or more of these symptoms. However, according to the LA County DPH, this odorant is not associated with long-term health effects, though symptoms may recur on a daily basis as long as the odors remain. Schools Back in Session SoCalGas Appears at Jan. 9 AQMD Hearing SoCalGas recognizes that expert public agency involvement and oversight is essential to assuring neighbors, customers and the general public that this accident is being addressed as safely and expeditiously as possible. This is SoCalGas' highest priority. About Southern California Gas Co. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words like "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "intends," "depends," "should," "could," "would," "will," "confident," "may," "potential," "possible," "proposed," "target," "pursue," "goals," "outlook," "maintain" or similar expressions, or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are necessarily based upon various assumptions involving judgments with respect to the future and other risks, including, among others: local, regional, national and international economic, competitive, political, legislative and regulatory conditions and developments; actions and the timing of actions, including issuances of permits to construct and licenses for operation, by the California Public Utilities Commission, California State Legislature, U.S. Department of Energy, Federal Energy Regulatory Commission, California Energy Commission, U.S. Environmental Protection Agency, California Air Resources Board, and other regulatory, governmental and environmental bodies in the United States; the timing and success of business development efforts and construction, maintenance and capital projects, including risks in obtaining, maintaining or extending permits, licenses, certificates and other authorizations on a timely basis and risks in obtaining adequate and competitive financing for such projects; energy markets, including the timing and extent of changes and volatility in commodity prices, and the impact of any protracted reduction in oil and natural gas prices from historical averages; the impact on the value of our natural gas storage assets from low natural gas prices, low volatility of natural gas prices and the inability to procure favorable long-term contracts for natural gas storage services; delays in the timing of costs incurred and the timing of the regulatory agency authorization to recover such costs in rates from customers; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; capital markets conditions, including the availability of credit and the liquidity of our investments; inflation and interest rates; the availability of electric power and natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the North American transmission grid, pipeline explosions and equipment failures; cybersecurity threats to the energy grid, natural gas storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers, terrorist attacks that threaten system operations and critical infrastructure, and wars; weather conditions, conservation efforts, natural disasters, catastrophic accidents, and other events that may disrupt our operations, damage our facilities and systems, and subject us to third-party liability for property damage or personal injuries some of which may or may not be covered by insurance; risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; business, regulatory, environmental and legal decisions and requirements; the inability or determination not to enter into long-term supply and sales agreements or long-term firm capacity agreements due to insufficient market interest, unattractive pricing or other factors; the resolution of litigation; and other uncertainties, all of which are difficult to predict and many of which are beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Logo - http://photos.prnewswire.com/prnh/20150126/171209LOGO
SOURCE Southern California Gas Co. For further information: SoCalGas, Media Hotline: 877.643.2331 or 858-740-8121, socalgas.com/news-room, @SoCalGasNews
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