Domination

A cold wave had almost completed its domination of the national weather picture, leaving only a sliver of the South from North Carolina through South Texas — along with parts of the desert Southwest — still experiencing highs in the 70s. The widespread heating load, augmented by residual support from Wednesday’s energy futures spikes, kept cash prices on the rise Thursday.

Barrett Resources Corp. announced a purchase and sale agreementto acquire additional working interests in Piceance Basin gasproperties in western Colorado and all the outstanding interest inthe related gas gathering system for $72 million last week.Although the company said multiple sellers were involved, it wouldnot divulge who those sellers were. Closing on the propertypurchases is expected to occur on Dec. 16. Acquisition of thegathering system is subject to regulatory approval, which isexpected in January 2000.

Barrett Resources Corp. announced a purchase and sale agreementto acquire additional working interests in Piceance Basin gasproperties in western Colorado and all the outstanding interest inthe related gas gathering system for $72 million. Although thecompany said multiple sellers were involved, it would not divulgewho those sellers were. Closing on the property purchases isexpected to occur on Dec. 16. Acquisition of the gathering systemis subject to regulatory approval, which is expected in January2000.