Calling it the first comprehensive grouped-utility privatizationcontract awarded by the Department of Defense (DOD), the U.S. ArmyMilitary District of Washington and Enron Federal Solutions Inc.announced a 10-year $24.8 million deal last week. The Enronsubsidiary will manage all of New York-based Fort Hamilton’sutility needs. The announcement was made at Fort McNair inWashington D.C.
Calling
Articles from Calling
Enron Inks Army Base to ‘First-of-its-Kind’ Utility Deal
Calling it the first comprehensive grouped-utility privatizationcontract awarded by the Department of Defense (DOD), the U.S. ArmyMilitary District of Washington and Enron Federal Solutions Inc.announced a 10-year $24.8 million deal yesterday. The Enronsubsidiary will manage all of New York-based Fort Hamilton’sutility needs. The announcement was made yesterday at Fort McNairin Washington D.C.
Revised Forecast Tips Scale in Bulls’ Favor
Fueled by forecasts calling for cooler weather next week,natural gas futures rumbled higher yesterday as traders cashed inon newly established short positions. After opening above keyresistance at $2.36, the January contract moved sideways for mostof the session before erupting higher at the closing bell. TheJanuary contract finished just a fraction of a penny off its dailyhigh, up 8.9 cents to $2.393.
Columbia Hits Whopper Deep Appalachian Find
Calling it the largest reserve discovery in the AppalachianBasin, Columbia Natural Resources (CNR), a Columbia Energy Groupsubsidiary, said it found reserves with estimated production of 50MMcf/d while drilling deep into a sub-basin in Roane County, WV.The exploratory test well was drilled to a depth of 10,300 feet inthe Trenton-Black River Formation on the Vineyard Ridge prospect.
Columbia Hits With Deep Appalachian Well
Calling it the largest reserve discovery in the AppalachianBasin, Columbia Natural Resources (CNR), a Columbia Energy Groupsubsidiary, said it found reserves with estimated production of 50MMcf/d while drilling deep into a sub-basin in Roane County, WV.The exploratory test well was drilled to a depth of 10,300 feet inthe Trenton-Black River Formation on the Vineyard Ridge prospect.
Carolinas Demand Draws Proposals for Two New Pipes, One Expansion
The Carolinas are calling out for gas and so far three partieshave answered.
Conference Planned on Northeast Quadrant Gas Demand
The Federal Energy Regulatory Commission yesterday approved aninitiative calling for it to conduct an inquiry into projecteddemand for natural gas in the Northeast quadrant of the UnitedStates and the corresponding need for new pipeline capacity in theregion.
FERC Considers Review of Eastern Gas Demand
The Federal Energy Regulatory Commission is considering callingon government and industry resources to help make its ownassessment of the future demand outlook for natural gas in theeastern half of the United States and the need for new pipelinecapacity, Chairman James Hoecker said last week.
Low Prices Pound Producer Earnings
Last year was one of misery for most energy companies,particularly producers. It was so bad that one industry analyst iscalling for sweeping change in how producers do business.
Almost Without Options, Futures Continue Lower
Bears had their choice of reasons for continuing to push thefutures market lower Thursday: forecasts calling for warmingweather, an unremarkable storage report, and follow-through sellingpressure. And so when the February contract opened more than anickel below Wednesday’s low, the price rout was on yesterday. Thesell-off sent the prompt month 9.5-cents lower to settle at $1.836.