Exterran Holdings gets Williams Partners contract

Exterran Holdings receives contract to build natural gas facilities for Williams Partners

Associated Press

HOUSTON (AP) -- Oil and gas services provider Exterran Holdings Inc. said Monday that it received a contract from Williams Partners to design, make and install natural gas facilities in West Virginia.

Financial terms were not disclosed.

The facilities are part of Williams Partners' Ohio Valley midstream business, which has a significant presence in the Marcellus Shale, a large rock formation thousands of feet under Pennsylvania, New York, Ohio and West Virginia that is rich in natural gas.

The contract calls for engineering and construction of two refrigerated cryogenic gas processing plants, each with a capacity of 200 million standard cubic feet of natural gas per day. Exterran said it also will provide site development, construction, installation and startup for the two plants, as well as a third plant.

Exterran shares rose 59 cents, or 4.6 percent, to $13.34 in afternoon trading.

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