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Tidelands Oil & Gas Corporation Subsidiary Sonora Pipeline LLC Receives FERC Permits

Jul 12, 2007 8:00:00 AM
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SAN ANTONIO, July 12 /PRNewswire/ -- Tidelands Oil & Gas Corporation (OTC Bulletin Board: TIDE), a midstream natural gas project development, natural gas pipeline, and NGL distribution company, today announced that its wholly owned subsidiary, Sonora Pipeline LLC has received from the Federal Energy Regulatory Commission (FERC) the following authorizations:

A Presidential Permit and authorization to site, construct, operate and maintain two bi-directional border crossing natural gas facilities at the international boundary between the United States and Mexico, and

A Certificate of public convenience and necessity to site, construct, operate and maintain the United States portion of a pipeline system consisting of approximately 29 miles of 30-inch diameter pipeline and appurtenant facilities that will extend into Mexico via two border crossings, all to be located in Hidalgo County, Texas.

These natural gas pipelines in the United States will interconnect with the pipeline system being developed by another wholly owned subsidiary of Tidelands Oil & Gas Corporation, Terranova Energia, S. de R.L. de C.V. (Terranova). Terranova previously received approval from the Comision Reguladora de Energia (CRE) for the interconnecting pipeline segments in Mexico on May 23, 2006.

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