TARGA RESOURCES INC: Has $4Mil Envtl. Liability at Sept. 30

Targa Resources, Inc.’s environmental liability as of Sept. 30, 2008 was US$4 million, the Company disclosed in its latest Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

The US$4 million liability consisted of US$400,000 for gathering system…

TARGA RESOURCES INC: Faces Envtl. Breaches at Versado Gas Plant

Targa Resources, Inc. is facing environmental violations associated with Versado Gas Processors, L.L.C.’s Eunice Gas Processing Plant.

In August 2005, prior to the Company’s acquisition of Versado, the State of New Mexico’s Environment Department (NMED) inspected the Versado’s Eunice Gas Processing…