Williams plans to sell its Kansas Hugoton natural gas gathering system for $100 million cash to FrontStreet Hugoton LLC as part of its plan to strengthen its balance sheet and more tightly focus on its portfolio of energy businesses. The final sale price will be subject to certain post-closing adjustments, the Tulsa-based company said. To date, Williams has made nearly $5 billion so far in its plan to improve its liquidity, part of an overall fiscal program to create a net $8 billion within the next year.
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BHP Billiton Invests $100M in Gulf Pipe Projects
Melbourne, Australia-based BHP Billiton said last week that it is investing $100 million in two limited liability companies that will transport natural gas and oil from the group’s recently sanctioned Mad Dog development and its Atlantis discovery, both in the ultra-deepwater Gulf of Mexico (GOM). The company said the pipelines are part of a new system being built in the southern Green Canyon area that also will transport oil and gas from the BP-operated Holstein development and potentially other fields.
February 25, 2002
BHP Billiton Invests $100M in Gulf Pipe Projects
Melbourne, Australia-based BHP Billiton said earlier in the week that it is investing $100 million in two limited liability companies that will transport natural gas and oil from the group’s recently sanctioned Mad Dog development and its Atlantis discovery, both in the ultra-deepwater Gulf of Mexico (GOM). The company said the pipelines are part of a new system being built in the southern Green Canyon area that also will transport oil and gas from the BP-operated Holstein development and potentially other fields.
February 22, 2002
KMI Increases Stock Repurchase by $100M
Midstream energy company Kinder Morgan Inc. (KMI) on Tuesday said its $300 million stock repurchase program announced last August has been “substantially completed,” and it now will repurchase another $100 million. The entire $400 million repurchase is expected to be completed by the end of 2002.
February 11, 2002
KMI Increases Stock Repurchase by $100M
Midstream energy company Kinder Morgan Inc. (KMI) on Tuesday said its $300 million stock repurchase program announced last August has been “substantially completed,” and it now will repurchase another $100 million. The entire $400 million repurchase is expected to be completed by the end of 2002.
February 6, 2002
Enron Paying $100M to Name Houston Ballpark
If you build it, a corporate sponsor will come. This time aroundit’s Houston’s new baseball stadium, and Enron Corp. said last weekit will pay $100 million over 30 years for naming rights to theballpark to be known as Enron Field. Enron Energy Services (EES)also will provide energy management to the facility.
April 12, 1999
Enron Paying $100M to Name Houston Ballpark
If you build it, a corporate sponsor will come. This time aroundit’s Houston’s new baseball stadium and Enron Corp., which saidWednesday it will pay $100 million over 30 years for naming rightsto the ballpark to be known as Enron Field. Enron Energy Services(EES) also will provide energy management to the facility.
April 8, 1999
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