Black Hills Corp. and Xcel Energy Inc. announced late Tuesday that they have entered into an agreement where Black Hills will acquire Cheyenne Light, Fuel & Power (CLF&P) from Xcel, pending regulatory approval by the Federal Energy Regulatory Commission and the Wyoming Public Service Commission. Terms of the transaction were not disclosed.
Acquires
Articles from Acquires
Shell Acquires 70,000 Ohio Retail Gas Contracts from USP&G
Shell Energy Services said it has transferred 70,000 Ohio retail natural gas sales accounts from U.S. Power and Gas (USP&G), a retail energy marketer that has decided to put its Ohio operations on hold. Shell said the customer assignments, all of which were in the Dominion East Ohio (DEO) service territory, were completed on Dec. 31, 2003. No terms of the transfer were announced.
January 8, 2004
Chesapeake Energy Acquires $510M in E&P Assets, Augments Midcontinent, Permian Role
Looking to expand both its acreage and proven natural gas and oil reserve base, Oklahoma City, OK-based Chesapeake Energy Corp. has entered into agreements to acquire $510 million of Midcontinent, Permian Basin and onshore Gulf Coast oil and gas assets through recent agreements to acquire privately-owned Concho Resources Inc. for $420 million and two smaller property acquisitions totaling $90 million.
December 23, 2003
MarkWest Acquires Oklahoma Gathering Assets for $38 Million
MarkWest Energy Partners LP has agreed to buy American Central Western Oklahoma Gas Co. LLC’s Foss Lake gathering system and Arapaho gas processing assets in Western Oklahoma for $38 million.
December 1, 2003
MarkWest Acquires Oklahoma Gathering Assets for $38 Million
MarkWest Energy Partners LP and American Central Western Oklahoma Gas Co. LLC. have entered into an agreement under which MarkWest will acquire American Central’s Foss Lake gathering system and Arapaho gas processing assets in Western Oklahoma for approximately $38 million.
November 25, 2003
Forest Acquires 70 Offshore, LA Assets from Unocal
In its fourth acquisition since May, Forest Oil Corp. last week agreed to buy 70 of Unocal Corp.’s offshore Gulf of Mexico (GOM) and onshore Louisiana properties for $295 million. As of July 1, the 273,000 net acres held approximately 34 MMboe in reserves, with net production of 18,000 boe/d.
September 29, 2003
Energy Exploration Acquires More BC Land, Nears Alberta Move
Calgary-based but U.S.-traded Energy Exploration Technologies (NXT) said late Monday that it has acquired a 33.33% working interest in 1,094 hectares (four gas spacing units) of Crown lands in the Tenaka area in northeast British Columbia.
September 24, 2003
Forest Acquires 70 Offshore, LA Assets from Unocal
Unocal Corp. agreed over the weekend to sell Forest Oil Corp. 70 of its offshore Gulf of Mexico (GOM) and onshore Louisiana properties for $295 million. As of July 1, the 273,000 net acres held approximately 34 MMboe in reserves, with net production of 18,000 boe/d.
September 23, 2003
Atlas Acquires Alaska Pipeline Co. for $95 Million
Moon Township, PA-based Atlas Pipeline Partners LP said last week that it has entered into an agreement to acquire Alaska Pipeline Co. (APC) from SEMCO Energy Inc. for $95 million in cash.
September 22, 2003
Atlas Acquires Alaska Pipeline Co. for $95 Million
Moon Township, PA-based Atlas Pipeline Partners LP said Tuesday that it has entered into an agreement to acquire Alaska Pipeline Company (APC) from SEMCO Energy Inc. for $95 million in cash.
September 17, 2003
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
