CALGARY, ALBERTA--(Marketwired - Aug. 1, 2013) - Editor's note: News Conference today at 9:30 a.m. (MDT). Details below. TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) is pleased to announce it is moving forward with the 1.1 million barrel per day (bbl/d)...

The event will be webcast beginning at 8 a.m. EST (6 a.m. MST).

TransCanada Corp. has secured 675,000 gigajoules (GJ) (630 million cubic feet) per day of new natural gas transportation contracts from the Western Canadian Sedimentary Basin (WCSB) on TransCanada’s Canadian Mainline. Its North Bay Junction Open Season resulted in long-term, fixed-priced contracts for service that will reach markets in Ontario, Quebec, the Maritimes and the Northeastern U.S.