Any U.S. oil and gas wildcatter looking for a way to get on the Forbes annual Billionaires list might take a hint from some of the interests among those who made this year’s list, published Monday. They like oil and they like natural gas, and many of them especially like shale.
Americas
Articles from Americas
Debt Lightened, Talisman Focusing on Liquids-Rich Plays
Calgary-based Talisman Energy Inc. last year cut debt by $750 million, stabilized its balance sheet and is now focused on two core areas: the Americas and the Asia-Pacific region, said CEO Hal Kvisle.
March 7, 2013
Mirant Peddles Prepackaged Bankruptcy as Subsidiary Defaults
Adding to the company’s current troubles, Mirant announced Friday that its Mirant Americas Generation LLC (MAG) subsidiary received on June 6 a notice of default on credit facilities from Lehman Brothers Commercial Paper Inc. The company also said that it is actively “seeking acceptances” from its bank lenders of the proposed pre-packaged Chapter 11 reorganization plan, which was sent out earlier this month as a worst-case alternative to its debt restructuring proposal (see NGI, June 9).
July 7, 2003
Mirant Seeks Stay of Joint Algonquin-Tetco Project
Mirant Americas Energy Marketing L.P. is seeking a “limited stay” of a July order in which FERC gave Algonquin Gas Transmission the green light to add compression in order to help its affiliate, Texas Eastern Transmission, relieve constraints on its system in New York and New Jersey. Mirant insists the order should not have been handed down prior to a Tetco open season being held and a request for released capacity being issued.
September 3, 2001
Mirant Seeks Stay of Joint Algonquin-Tetco Project
Mirant Americas Energy Marketing L.P. has asked FERC for a “limited stay” of a July order that gave Algonquin Gas Transmission the green light to add compression in order to help its affiliate, Texas Eastern Transmission, relieve constraints on its system in New York and New Jersey. Mirant said the order should not have been handed down prior to the results of a Tetco open season and a request for released capacity.
August 31, 2001
Enron Withdraws Protest over LNG Capacity
Enron Americas LNG Co. has withdrawn its protest alleging that Southern LNG Inc. showed preferential treatment when it awarded the entire capacity of its facility on Elba Island in Georgia, which it is seeking to reactivate, to its marketing affiliate. Since filing the protest in August, the two companies “have negotiated a commercial resolution regarding the future use of the Elba Island Terminal.” Enron LNG said it now supports Southern LNG’s bid for a preliminary determination by Dec. 31 and final approval in the first quarter of 2000 to upgrade and reactivate the mothballed terminalling facility. (See Daily GPI, Aug. 19).
October 20, 1999
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