Results of Burlington Resources, Apache Corp., and VastarResources are just the beginning of the tale of woe thatindependent producers’ will be telling with their third quarterearnings. The companies turned in results that could only beconsidered poor outside the context of depressed gas and oil pricesand liquids margins that are at historic lows. Production of allthree companies was impacted by Gulf storms and hurricanes.
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Nevada Utility Offering ‘Simple Choice’ to Customers
Reno, NV, utility Sierra Pacific said beginning this month, itwill offer customers Simple Choice, a package of energy andinfotainment products and services for the home paid for on onebill.
September 4, 1998
Retail Marketers Out to Lunch in MI
Beginning April 1, up to 100,000 Consumers Energy gas customersare going to be able to choose their supplier during the first yearof the company’s statewide Gas Customer Choice program. But whileConsumers said in February that 14 companies indicated they willcompete for customers, some on the list are turning up their noses,at least to residential customers.
March 19, 1998