Calgary-based Husky Energy Inc. said it has purchased privately-held Temple Exploration Inc. for C$115 million. The deal give Husky an additional 4,400 boe/d of oil and gas production (19 MMcf/d of gas and 1,284 bbl/d of oil) for the remainder of 2004 and about 29 Bcfe of proven reserves with additional future exploration growth potential.
115M
Articles from 115M
Husky Adds 29 Bcfe of Reserves with $115M Temple Purchase
Calgary-based Husky Energy Inc. said it has purchased privately-held Temple Exploration Inc. for $115 million. The deal give Husky an additional 4,400 boe/d of oil and gas production (19 MMcf/d of gas and 1,284 bbl/d of oil) for the remainder of 2004 and about 29 Bcfe of proven reserves with additional future exploration growth potential.
AEP Settles with Enron, Buys Bammel Storage for $115M
American Electric Power (AEP) has agreed to pay Enron Corp. $115 million for all of Enron’s interests in the 7,000-acre underground Bammel gas storage reservoir near Houston and related pipeline and storage assets, including 10.5 Bcf of gas in the storage field.
AEP Settles with Enron, Buys Bammel Storage for $115M
American Electric Power (AEP) has agreed to pay Enron Corp. $115 million for all of Enron’s interests in the 7,000-acre underground Bammel gas storage reservoir near Houston and related pipeline and storage assets, including 10.5 Bcf of gas in the storage field.
CMS Sells Field Services Unit to Morgan Stanley’s Cantera for $115M
CMS Energy signed an agreement to sell its CMS Field Services subsidiary to Cantera Resources Inc. for $115.5 million cash plus a $50 million face-value note payable from 2004 through 2008 and contingent on the financial performance of the Fort Union and Bighorn natural gas gathering systems in Wyoming.
CMS Sells Field Services Unit to Morgan Stanley’s Cantera for $115M
CMS Energy signed an agreement to sell its CMS Field Services subsidiary to Cantera Resources Inc. for $115.5 million cash plus a $50 million face-value note payable from 2004 through 2008 and contingent on the financial performance of the Fort Union and Bighorn natural gas gathering systems in Wyoming.