Denver

Williams Sells D-J Basin Holdings to Petroleum Development for $28M

Williams sold a small package of Rocky Mountain region producing properties in the Denver-Julesberg (D-J) basin in northeastern Colorado to Bridgeport, WV-based Petroleum Development Corp. for $28 million. The D-J Basin properties were among those announced for sale earlier this year as part of Williams’ financial-strengthening plan.

May 13, 2003

Aspen Exploration Increases Gas Position Near Sacramento

Denver-based Aspen Exploration Corp. said last week that it has acquired two contiguous gas properties located in Colusa County, CA, approximately 100 miles northeast of Sacramento.

May 5, 2003

Aspen Exploration Increases Gas Position Near Sacramento

Denver-based Aspen Exploration Corp. said Tuesday that it has acquired two contiguous gas properties located in Colusa County, CA, approximately 100 miles northeast of Sacramento.

April 30, 2003

Evergreen Resources Acquires Carbon Energy for $90.8 Million

Denver-based Evergreen Resources Inc. said that the company will acquire 100% of the outstanding common stock of cross-town exploration and production player, Carbon Energy Corp., for approximately $90.8 million.

April 7, 2003

Northeast Points Continue to Soar, Most Other Locations Rise 5-10 Cents

Despite Nymex’s nearly 20-cent tumble, spot gas prices were up sharply in many regions again on Monday. The only locations in the red compared to Friday were in Texas and parts of the Midcontinent. Meanwhile, New York and New England prices soared, at some points by more than $2 to more than $10/MMBtu.

February 11, 2003

El Paso Field Services Sells Wyoming Gathering Systems for $37M

El Paso Corp. subsidiary El Paso Field Services said last Tuesday it sold 18 gathering systems in Wyoming to a Denver, CO-based gatherer and marketer, Western Gas Resources Inc., for an estimated $37 million. El Paso reported its net proceeds from the deal were $35 million.

February 10, 2003

El Paso Field Services Sells Wyoming Gathering Systems for $37M

El Paso Corp. subsidiary El Paso Field Services said Tuesday it sold 18 gathering systems in Wyoming to a Denver, CO-based gatherer and marketer, Western Gas Resources Inc., for an estimated $37 million. El Paso reported its net proceeds from the deal were $35 million.

February 5, 2003

Marketer Urges FERC to Revoke PG&E Transmission’s $1.5M Prepayment Demand

In the first action of its kind, a Denver, CO-based marketer is challenging the right of an interstate natural gas pipeline to demand up-front payment of collateral equal to a full year of reservation charges from shippers that are perceived to be potential credit risks.

November 4, 2002

Marketer Urges FERC to Revoke PG&E Transmission’s $1.5M Prepayment Demand

In the first action of its kind, a Denver, CO-based marketer is challenging the right of an interstate natural gas pipeline to demand up-front payment of collateral equal to a full year of reservation charges from shippers that are perceived to be potential credit risks.

October 29, 2002

Western Gas Resources Production Up; Prices, Earnings Down

Natural gas prices just aren’t what they used to be, according to Denver-based Western Gas Resources Inc., which reported net income for the second quarter down, despite a dramatic increase in production.

August 19, 2002