UGI Corporation

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Valley Forge, Pennsylvania-based UGI Corporation (NYSE:UGI) is a large distributor and marketer of energy products including propane, butane, natural gas, and electricity. Through two wholly-owned subsidiaries, UGI Central Penn Gas, Inc. ("UGI CPG") and UGI Storage Company ("UGI Storage"), it provides underground storage for natural gas from the Marcellus shale in close proximity to three northeastern Pennsylvania counties: Tioga, Potter, and Cameron.

In August, 2010 the company announced plans to drill additional storage wells in two of its gas storage fields known as Meeker and Tioga located in north central Pennsylvania. Also, gas compression and dehydration facilities were to be built. The fields connect to UGI's gas utility distribution system as well as to Tennessee Gas Pipeline Company and Dominion Gas Transmission, Inc. pipelines.

UGI also made an agreement with NiSource Gas Transmission and Storage to build a major pipeline to the above storage fields providing access for Pennsylvania Marcellus shale gas producers. The pipeline is subject to approval by federal authorities (FERC) and planned to go into service in late 2012.

• Lon R. Greenberg is UGI's Chairman and CEO.