Acquired

Two affiliates of Kerr-McGee Corp. have acquired 100% interest in nine oil and gas licenses offshore the Bahamas. The licenses, located in the Blake Plateau basin about 100 miles north of Freeport, Grand Bahamas Island, cover 6.5 million acres in water depths ranging from 650 feet to more than 7,000 feet.

Two affiliates of Kerr-McGee Corp. have acquired 100% interest in nine oil and gas licenses offshore the Bahamas. The licenses, located in the Blake Plateau basin about 100 miles north of Freeport, Grand Bahamas Island, cover 6.5 million acres in water depths ranging from 650 feet to more than 7,000 feet.

Rockford Energy Partners LLC announced that it has acquired substantially all of the assets of ECC Energy Corp., including 200 company operated coal bed methane gas wells, approximately 100,000 acres of oil and gas leases, heavy equipment including two drilling rigs and a completion rig along with over 180 miles of pipeline and compressor stations. Gross operated production is around 10 MMcf/d while Rockford’s net production is about 7 MMcf/d. “This acquisition immediately makes Rockford one of the largest producers of CBM in the Cherokee Basin of Northeast Oklahoma,” said Rockford President Chuck Perrin. “In addition, we have identified over 200 proven undeveloped CBM locations that we plan to drill over the next 12 months and we plan to capitalize on the significant infrastructure we now have in place by acquiring additional properties in the play.” Newly formed Rockford CBM LLC and Rockford Service Company LLC will hold title to and operate the properties. Rockford Energy Partners LLC is a portfolio company of Quantum Energy Partners of Houston.

Midstream services independent Sago Energy LLC said Friday it had acquired the Jameson Gas Plant and Gathering System, located in West Texas, from Devon Energy Corp. No financial details are disclosed.

Calgary-based Endev Energy Inc. announced Friday that it has acquired five small private companies for C$11.5 million. The companies jointly own an interest in nine oil and gas producing properties located in Alberta.

Oneok Inc. has named its new Texas gas distribution business Texas Gas Service Co. Oneok acquired the assets in October and expects to close the deal on Jan. 1. Oneok CEO David Kyle said Roger N. Mitchell will become president of the new subsidiary once the acquisition is completed. Mitchell currently is vice president for the eastern region of Oneok’s Oklahoma gas distribution business, Oklahoma Natural Gas Co. “The Texas company has provided gas service to its communities for 75 years, and the same employees who provided service prior to the changeover will remain in the communities providing service as we move forward together,” said Mitchell. Oneok is purchasing the Texas assets from Southern Union Gas. The new Texas Gas Service Co. serves 535,000 customers in cities throughout Texas. With its move into Texas gas distribution service, Oneok will serve a total of 1.96 million customers. National Fuel Gas Co.

Restricted access to capital brought on in part by the financial market’s recently-acquired aversion to anything relating to energy is holding back drilling and will contribute to a tight natural gas market over the next two years, according to Boston-based Energy Security Analysis Inc. (ESAI) in its latest North American Natural Gas Stockwatch 2-Year Outlook.

Restricted access to capital brought on in part by the financial market’s recently-acquired aversion to anything relating to energy is holding back drilling and will contribute to a tight natural gas market over the next two years, according to Boston-based Energy Security Analysis Inc. (ESAI) in its latest North American Natural Gas Stockwatch 2-Year Outlook.

Main Street AC Inc., a publicly tradable shell corporation that acquired 15 failing oil and gas partnerships and then reorganized under Chapter 11 of the Bankruptcy Code in January 2000, has tendered a cash offer for up to 4.9% of Aquila Inc., Dynegy Inc., Mirant Corp. and Reliant Resources Inc. at a 25% premium to their closing price Aug. 27.