A liquids-focused unconventional oil and gas makeover at Houston-based Rosetta Resources Inc. is showing the company in a much improved light as it continues to ramp up its activities in the Eagle Ford Shale of South Texas, CEO Randy Limbacher told financial analysts Monday.
Divested
Articles from Divested
Integrys Completes Derisking of Energy Services Business
Integrys Energy Group Inc. has wrapped up its risk-reduction program for subsidiary Integrys Energy Services Inc. The company said Wednesday it expects to have divested “a substantial portion of its nonregulated business” by early in the second quarter.
January 21, 2010
El Paso Pulls Off FTC-Required Sellathon
Pipes were selling like hotcakes last week as El Paso EnergyCorp. divested its interest in three major pipelines to meetFederal Trade Commission (FTC) conditions set just before El Pasoand Sonat finalized their merger last year. East Tennessee Pipelinewas spun off to Duke Energy Gas Transmission, the Sea RobinPipeline went to CMS Energy and El Paso’s share of the Destin Pipeline was sold toan undisclosed buyer. Combined, all three assets were sold for $620 million.Closings on the sales are expected to occur within the next fewmonths, pending FTC consent, El Paso said.
January 10, 2000
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