Items Tagged with 'hills'

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Black Hills Oil/Gas Shifting to Utility Focus, CEO Says

With the close of its $1.89 billion acquisition of SourceGas Holding LLC and its utilities in multiple states earlier this year, Rapid City, SD-based Black Hills Corp. is a "pure-play utility" and all of its non-utility units, including its oil/natural gas exploration/production business, will transform to be supportive of the utilities, according to CEO David Emery. Read More

Colorado Regulators Reject Black Hills' Utility-Backed Gas Reserves

The Colorado Public Utilities Commission on Wednesday rejected a proposed utility ratepayer-backed natural gas reserves acquisition program pursued by Rapid City, SD-based Black Hills Corp.'s gas utility in the state. This is the first of up to six state approvals being sought for similar programs in other states where Black Hills has utility operations. Read More