Completes

British-based energy and home services company Centrica plccompleted its acquisition of coveted Energy America LLC this week,announcing it will take full ownership and management control ofthe gas and electricity marketer that serves nearly 400,000 U.S.residential and small business customers. Centrica, which claimedits first stake last summer, picked up the outstanding 73.5% stakeheld by Sempra Energy for $56 million in cash.

Bighorn Gas Gathering LLC reported last week that it completed and put in-service a 56-mile, 20-inch diameter line extension on its gas gathering system in Sheridan County, WY, on Nov. 1. (see NGI, June 26).

Bighorn Gas Gathering LLC reported yesterday that it completed andput in-service a 56-mile, 20-inch diameter line extension on its gasgathering system in Sheridan County, WY, on Nov. 1. (see Daily GPI, June 20).

Tengasco, Inc. and its subsidiary, Tengasco Pipeline Corp.(TPC), have entered into a definitive agreement to finance thecompletion of TPC’s 58-mile intrastate Swan Creek natural gaspipeline system in Tennessee.

Tengasco, Inc. and its subsidiary, Tengasco Pipeline Corp.(TPC), have entered into a definitive agreement to finance thecompletion of TPC’s 58-mile intrastate Swan Creek natural gaspipeline system in Tennessee.

Columbia Energy Group’s subsidiary Cove Point LNG Ltd.partnership said Friday it had completed its open season for firmLNG tanker discharging service at its terminal on the Marylandcoast.

Nova Chemicals completed the sale of its 26% stake (38.8 millionshares) in Dynegy Corp. last week receiving total after-tax cashproceeds of $605 million, which is about $140 million more than wasexpected when the sale was first announced in August of 1998. Itsold its stake to the public in three packages over the past fivemonths.

Nova Chemicals said yesterday it has completed the sale of its26% stake (38.8 million shares) in Dynegy Corp. receiving totalafter-tax cash proceeds of $605 million, which is about $140million more than was expected when the sale was first announced inAugust of 1998. It sold its stake to the public in three packagesover the past five months.

Phillips Petroleum Co. completed its acquisition of ARCO’s Alaskanbusinesses and gained Federal Trade Commission approval of the deal,which became effective retroactive to Jan. 1. The deal was announcedin March (see Daily GPI, March 17).