Enterprise Products Partners L.P.

SEC Filings

GULFTERRA ENERGY PARTNERS L P filed this Form 10-Q on 11/12/1996
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many reasons, some of which may be beyond the control of the Partnership. Total
capital expenditures and equity investments for 1995 were $173.6 million. The
Partnership anticipates that its total capital expenditures for 1996 will
relate to continuing construction and drilling activities. The Partnership
anticipates funding such costs primarily with available cash flow and
borrowings under the Partnership Credit Facility.  Capital expenditures of
POPCO are anticipated to be funded by borrowings under the POPCO Credit

Interest and other financing costs, net of capitalized interest, related to the
Partnership's credit facilities totaled $2.0 million for the nine months ended
September 30, 1996.  Such amount included commitment fees and amortization of
debt issue costs of $0.5 million. During the nine months ended September 30,
1996, the Partnership capitalized $11.2 million of interest costs in connection
with construction projects and drilling activities in progress during the