Completes

Two months after it first announced it had entered into a definitive agreement to purchase Midwestern Gas Transmission from El Paso Corp., Northern Border Partners LP (NBP) reported last week that it completed the estimated $100 million deal on April 30 after receiving approval from the Federal Trade Commission (FTC).

Two months after it first announced it had entered into a definitive agreement to purchase Midwestern Gas Transmission from El Paso Corp., Northern Border Partners LP (NBP) reported on Monday that it completed the estimated $100 million deal on April 30 after receiving approval from the Federal Trade Commission (FTC).

Calpine announced it will purchase 35 model 7FB and 11 model 7FA gas-fired turbines from GE Power Systems, bringing its total order currently to 203 turbines, which when operated in a combined-cycle application represents 50,000 MW of baseload capacity.

Calpine announced it will purchase 35 model 7FB and 11 model 7FA gas-fired turbines from GE Power Systems, bringing its total order currently to 203 turbines, which when operated in a combined-cycle application represents 50,000 MW of baseload capacity.

Anadarko Petroleum Corp. has completed its acquisition ofCalgary-based Berkley Petroleum Corp. after purchasing 100% of thecompany’s shares for C$1.2 billion. Anadarko, based in Houston,paid about C$11.40 per share and assumed about C$400 million ofBerkley’s debt in the deal.

Tengasco has completed a 60-mile intrastate pipeline from itsgas-rich 50,000-acre Swan Creek gas and oil field beginning inHancock County and ending in Kingsport, TN. Geological studiesindicate that the Swan Creek field may be one of the largestnatural gas and oil discoveries in the Appalachian region of theUnited States.

The Sandhills Pipeline, which cuts across 84 miles ofsouth-central North Carolina to link the Williams Transcontinentalinterstate pipeline with a natural gas-fired power plant underconstruction in Richmond County, NC was completed Monday, accordingto Progress Energy Inc.

Almost seven months after the initial agreement, ChesapeakeEnergy Corp. announced it has completed the acquisition of GothicEnergy Corp., making it the 10th largest independent natural gasproducer in the United States. The acquisition marks theturn-around of Chesapeake, which two and a half years ago tried tosell itself due to repeated losses.

Quicksilver Resources decided to start 2001 with a bang as thecompany announced last week that it had completed the acquisitionof nearly all of Mercury Exploration Co.’s natural gas processing,gathering, transmission, compression and marketing assets for justover $18 million. The Fort Worth-based company also announced thatit has completed the purchase of the remaining minority interest inits Canadian subsidiary, MGV Energy, for the equivalent of 283,669shares of Quicksilver common stock.