Building

Building on the success it has enjoyed so far in its Bossiernatural gas play in East Texas, Anadarko Petroleum Corp. plans tospend nearly a third more in the region this year, almost $535million total, to expand its development program and increase itsexploration prospects.

Building on increased Powder River Basin production, Fort Union Gas Gathering LLC has announced plans for a 200 MMcf/d expansion of capacity on its system.

Building on the success it has enjoyed so far in its Bossiernatural gas play in East Texas, Anadarko Petroleum Corp. saidyesterday it would spend nearly a third more in the region thisyear, almost $535 million total, to expand its development programand increase its exploration prospects.

Building on increased Powder River Basin production, Fort UnionGas Gathering LLC, has announced plans for a 200 MMcf/d expansionof capacity on its system.

FERC last week cleared the way for Transcontinental Gas PipeLine (Transco) to begin building two phases of its controversialMarketLink project that would expand its existing transportationsystem in western Pennsylvania and northern New Jersey, but itbarred the pipeline from proceeding with a third phase until it canback up that part of the project with executed contracts.

FERC yesterday cleared the way for Transcontinental Gas PipeLine (Transco) to begin building two phases of its controversialMarketLink project that would expand its existing transportationsystem in western Pennsylvania and northern New Jersey, but itbarred the pipeline from proceeding with a third phase until it canback up that part of the project with executed contracts.

Building on gains achieved in the Tuesday night Access tradingsession, natural gas futures plodded higher yesterday morningbefore spiking dramatically just minutes after fresh storage newswas released. The December contract rocketed to a high of $4.75 andultimately settled at $4.686, a 19.6-cent gain for the session.Estimated volume of 85,529 was evidence of the frenzied buyingactivity.

Building on a tripling of the financial contribution of itsDynegy Marketing and Trade division, Dynegy Inc. announced itsthird-quarter recurring earnings per share of $0.55 will topanalysts’ estimates of $0.50 per share.

Building on a tripling of the financial contribution of its Dynegy Marketing and Trade division, Dynegy Inc. announced its third-quarter recurring earnings per share of $0.55 will top analysts’ estimates of $0.50 per share.