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COGA Conference Spurs Debate on Supply Prospects, LNG Impact

Diversity of supply adds up to security of supply, Tim Bullock, president of BP Gas and Power North America, told about 1,200 Rocky Mountain producers gathered in Denver last week. “We’re going to need all of it, all sources of supply, including Alaskan gas and LNG, if we’re going to keep the price of natural gas at a level that allows demand to continue to grow,” he said.

August 11, 2003

COGA Conference Spurs Debate on Supply Prospects, LNG Impact

Diversity of supply adds up to security of supply, Tim Bullock, president of BP Gas and Power North America, told about 1,200 Rocky Mountain producers gathered in Denver Tuesday. “We’re going to need all of it, all sources of supply, including Alaskan gas and LNG, if we’re going to keep the price of natural gas at a level that allows demand to continue to grow,” he said.

August 6, 2003

Encore Adds to Gas-Rich Holdings with $52M Purchase

Fort Worth-based independent Encore Acquisition Co. said late Wednesday it will acquire $52.2 million of gas-rich North Louisiana acreage, which holds estimated proven reserves of 37 Bcfe — 14 Bcfe proved developed. The new properties, purchased from a group of private sellers, are non-operated and located in the Elm Grove Field in Bossier Parish.

July 7, 2003

Encore Adds to Gas-Rich Holdings with $52M Purchase

Fort Worth-based independent Encore Acquisition Co. said last Wednesday it will acquire $52.2 million of gas-rich North Louisiana acreage, which holds estimated proven reserves of 37 Bcfe — 14 Bcfe proved developed. The new properties, purchased from a group of private sellers, are non-operated and located in the Elm Grove Field in Bossier Parish.

July 7, 2003

Chesapeake Bulks Up in Midcontinent, Adds 135 Bcfe of Proved Reserves

Chesapeake Energy Corp. has upped its asset strength in the Midcontinent region through several closed and pending acquisitions that added an estimated 135 Bcfe of proved reserves to its coffers. Current production from the properties is approximately 35 MMcfe/d, the reserves-to-production index is 10.6 years, 99% are natural gas and 75% are proved developed.

June 30, 2003

Chesapeake Bulks Up in Midcontinent, Adds 135 Bcfe of Proved Reserves

Chesapeake Energy Corp. has upped its asset strength in the Midcontinent region through several closed and pending acquisitions that added an estimated 135 Bcfe of proved reserves to its coffers. Current production from the properties is approximately 35 MMcfe/d, the reserves-to-production index is 10.6 years, 99% are natural gas and 75% are proved developed.

June 25, 2003

St. John Interconnect Adds Flexibility on ANR, Vector Pipes

Vector Pipeline LP. announced Monday that a new interconnect between its pipeline and ANR Pipeline Co. has been put into service at St. John in Lake County, IN. The connection is designed to provide natural gas customers in the Midwest and southwestern Ontario additional flexibility and access to natural gas supplies at the Joliet/Chicago Hub.

May 20, 2003

Tom Brown Adds 260 Bcfe of Gas Reserves with Matador Acquisition

Independent Tom Brown Inc. is stocking up on natural gas reserves after agreeing to merge with privately held Matador Petroleum Corp. on Wednesday. The transaction will increase the Denver-based independent’s reserves by 37% to 1 Tcfe.

May 15, 2003

Energytec Adds Gas Pipe and 13 Wells in East Texas Acquisition

Dallas-based Energytec Inc. said last week that it has recently closed the acquisition of a 65-mile natural gas pipeline and 13 associated wells in East Texas. The independent oil and gas company said the acquisition continues its emphasis on East Texas as an area of multiple opportunities suitable to its expertise.

April 28, 2003

Energytec Adds Gas Pipe and 13 Wells in East Texas Acquisition

Dallas-based Energytec Inc. said Tuesday that it has recently closed the acquisition of a 65-mile natural gas pipeline and 13 associated wells in East Texas. The independent oil and gas company said the acquisition continues its emphasis on East Texas as an area of multiple opportunities suitable to its expertise.

April 23, 2003
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