On February 10, 2009, Spectra Energy Corp, a Delaware corporation, (the "Company") entered into a purchase agreement (the "Purchase Agreement") with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. Incorporated and UBS Securities LLC, as representatives of the several underwriters named therein (the "Underwriters"), pursuant to which the Company agreed to issue and sell to the Underwriters 32,200,000 shares of the Company's Common Stock, par value $0.001 per share (the "Common Stock"), including 4,200,000 shares pursuant to the option granted to the Underwriters to purchase up to an additional 4,200,000 shares of Common Stock to cover over-allotments.

The disclosure in this Item 8.01 is qualified in its entirety by the provisions of the Purchase Agreement, which is attached hereto as Exhibit 99.1. Such exhibit is incorporated herein by reference.

(d) Exhibits

Exhibit 5.1    Opinion regarding validity of the Securities.

Exhibit 23.1   Consent (included as part of Exhibit 5.1).

Exhibit 99.1   Purchase Agreement, dated as of February 10, 2009, among the
               Company, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan
               Stanley & Co. Incorporated and UBS Securities LLC, as
               representatives of the several underwriters named therein.