Currently

To solve the question of where gas supplies will come from for its new generating plant in San Diego, the Otay Mesa Generating Co. LLC on Friday asked the Federal Energy Regulatory Commission for authorization to build gas import facilities at the California-Mexico border to import up to 110 MMcf/d to fuel a 510 MWh station to be sited near San Diego (see Daily GPI, Oct. 12, 2000).

Spring is not the only thing currently in the air, as merger and acquisition activity continues at the rapid pace set during 2000. Midland, TX-based Pure Resources Inc. and Denver, CO-based Hallwood Energy Corp. announced they have signed a definitive merger agreement in which subsidiary Pure Resources II will acquire all of the outstanding shares of Hallwood common stock at a price of $12.50/share.

Spring is not the only thing currently in the air, as merger andacquisition activity continues at the rapid pace set during 2000.Midland, TX-based Pure Resources Inc. and Denver, CO-based HallwoodEnergy Corp. announced they have signed a definitive mergeragreement in which subsidiary Pure Resources II will acquire all ofthe outstanding shares of Hallwood common stock at a price of$12.50/share.

MRT said Thursday it is not accepting any nominations thatcreate a short imbalance on its system, effective immediately.Currently short customers are expected to correct their position bythe end of the month and remain in balance. The pipeline remindedno-notice customers that they may change their no-notice option andallow storage withdrawals to eliminate any imbalance.

MRT said Wednesday it is not accepting nominations that create along imbalance on its system. Customers who are currently long areexpected to correct their imbalance position by the end of thisweek and to remain in balance for the rest of February. No-noticecustomers were reminded that they may correct imbalances bychanging their no-notice option and allowing storage withdrawals toeliminate the imbalance.

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.

While major pipeline capacity additions for the Californiamarket will take at least two years, Transwestern Pipelinecurrently is looking at modifications that could contribute about50 MMcf/d “as early as next fall,” according to Enron PipelineGroup President Stan Horton.

Conoco subsidiary, Conoco Global Power (CGP) is selling a 50%stake in SRW Cogeneration Ltd. Partnership to subsidiaries of NRGEnergy. Currently, the partnership owns, and will operate a $260million power facility near Orange, TX, now under construction.

Allegheny Energy Supply LLC is currently in the process ofadding 1,710 MW to its ever increasing electric generationportfolio, the company announced yesterday. Allegheny Energy’sunregulated subsidiary reported that it has entered into adefinitive agreement with Enron North America to acquire three ofthe company’s natural gas-fired power generating facilities in theMidwest for an undisclosed amount.