SUGAR LAND, TX — (Marketwired) — 04/08/13 — Written by Edward Weatherly for Industrial Info Resources (Sugar Land, Texas) — DCP Midstream LLC (Denver, Colorado), a joint venture company owned by (NYSE:PSX) (Houston, Texas) and (NYSE:SE) (Houston), is continuing with its $7 billion capital expenditure program for 2011-15 to expand its presence in natural gas and natural gas liquids (NGL) . The program focuses on the southern and mid-continental shale formations. Of the total spending plan, just more than $4 billion has been invested.
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