Enlarged

Gulf Midstream Services (GMS), a partnership between KeySpanEnergy Development Co. (KEDC) and Gulf Canada Resources, enlargedits Canadian midstream presence last week by announcing anagreement to buy Barrington Petroleum’s 38% interest in the PaddleRiver gas plant and related gas gathering systems. The $9 millionpurchase gives the partnership 76% interest in the only plant thatwill be directly connected to both the ATCO Pipeline system and theAlliance Pipeline. The Paddle River facilities are located 62 mileswest of Edmonton, AB. The plant is capable of processing up to 82MMcf/d of raw sour gas. With current throughput of about 42 MMcf/d,the plant’s unutilized capacity represents a significantopportunity, GMS said. “With increased industry activity in thearea and the Alliance Pipeline connection, we expect this plant tobe an attractive long-term investment for KEDC,” said GMS presidentJim Bertram.

Gulf Midstream Services (GMS), a partnership between KeySpanEnergy Development Co. (KEDC) and Gulf Canada Resources, enlargedits Canadian midstream presence yesterday by announcing anagreement to buy Barrington Petroleum’s 38% interest in the PaddleRiver gas plant and related gas gathering systems. The $9 millionpurchase gives the partnership 76% interest of the only plant thatwill be directly connected to both the ATCO Pipeline system and theAlliance Pipeline.

Williams Energy Marketing and Trading enlarged its supplyportfolio earlier this week by inking a 20-year gas supply andpower purchase deal with a Cleco Evangeline power plant. Accordingto the deal, Williams will both supply gas (up to 150 millionMMBtu/d) to the plant and market its output. Financial terms of thearrangement were not disclosed. The plant is still underconstruction and is expected to begin operations in June.