Unocal Corp.’s Spirit Energy 76 agreed to sell substantially allof its oil and gas assets in Michigan to Quicksilver Resources Inc.for $27 million cash and about $3 million in unregistered commonstock of Quicksilver.
Agreed
Articles from Agreed
CMS Gathering Powder River Coal-bed Methane
CMS Energy Corp. subsidiary CMS Continental Natural Gas Inc.agreed with Pennaco Energy Inc., and CMS corporate affiliate CMSOil and Gas to gather coal-bed methane gas from the Powder RiverBasin in Wyoming and Montana. CMS Continental is to providelong-term, low-pressure gathering. The deal includes an acreagededication of more than 580,000 acres in the Powder River Basinwithin the previously announced CMS Oil and Gas/Pennaco Energy Areaof Mutual Interest.
March 31, 1999
ALJ Backs Transco’s Refusal Of Interconnect to ANR
A FERC administrative law judge (ALJ) has agreedTranscontinental Gas Pipe Line was well within its rights when itdenied ANR Pipeline an additional interconnection to its mainlinesystem in Louisiana, saying that Transco’s action did notdiscriminate, violate antitrust principles or cause ANR to losebusiness.
March 29, 1999
ALJ Backs Transco’s Refusal of ANR Interconnect
A FERC administrative law judge (ALJ) has agreedTranscontinental Gas Pipe Line was well within its rights when itdenied ANR Pipeline an additional interconnection to its mainlinesystem in Louisiana, saying Transco’s action neither wasdiscriminatory, caused ANR to lose business nor violated antitrustprinciples.
March 26, 1999
Sempra Inks Optimization Deal with Connecticut Gas
Significantly increasing its presence in the Northeast, SempraEnergy’s marketing arm, Sempra Energy Trading, agreed Thursday tomanage the supply and delivery of gas to serve Southern ConnecticutGas Co.’s 158,000 customers. Terms of the one-year agreement werenot disclosed. Sempra will begin April 1.
February 1, 1999
Midcoast Buying Koch Pipes in Texas, Louisiana
Midcoast Energy Resources has agreed to buy the Gloria pipelinesystem in southeastern Louisiana and the Bruni gathering system inSouth Texas for nearly $7.53 million from Koch Gateway Pipeline.
December 28, 1998
Midcoast Energy Buying Koch Pipes in TX, LA
Midcoast Energy Resources Inc. agreed to buy the Gloria pipelinesystem in southeastern Louisiana and the Bruni gathering system insouth Texas for nearly $7.53 million from Koch Gateway Pipeline Co.
December 22, 1998
EEX Selling OK, TX Properties
EEX Corp. agreed to sell substantially all of its oil and gasproperties in Oklahoma and the Hardeman Basin, North Central Texas,for about $32 million in cash. Lariat Petroleum Inc. is acquiringthe properties in Oklahoma, and Key Production Co. Inc. isacquiring the Hardeman Basin properties. Aggregate daily productionfrom these properties is about 15 MMcfe/d of gas.
December 16, 1998
Avista invests in Gas-Fired Generation
Washington Water Power’s newly formed affiliate Avista PowerInc. and Cogentrix Energy Inc. agreed to jointly build and/or buyinterests in gas-fired electric generation plants in the PacificNorthwest states of Washington, Oregon and Idaho. The first projectunder the new agreement is an approximately 270 megawatt facilityto be located in Rathdrum, ID. A power purchase agreement for theRathdrum project was signed simultaneously with the developmentagreement.
December 14, 1998
Ocean and Seagull Combine to Cut Costs
Just eight months after it merged with United Meridian Corp.,Ocean Energy Inc. agreed last week to merge with Seagull EnergyCorp. in a tax-free, stock-for-stock deal creating the 10th largestindependent U.S. oil and gas company based on a pro forma totalmarket equity capitalization of $1.8 billion.
November 30, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
