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SCANA and Fayetteville Public Works Commission (PWC) reportedthey have entered into a joint agreement to build and shareownership of a natural gas-fired 500 MW power plant that willsupply electricity to Fayetteville, NC, residents and businessesbeginning during the summer of 2004. Scana also will build a106-mile gas pipeline lateral from its existing pipeline system inSouth Carolina to supply the plant.

Texas-based Quicksilver Resources reported that its Canadiansubsidiary, MGV Energy, has entered into a joint venture withPanCanadian Petroleum, to explore and develop coal-bed methane(CBM) reserves on one million acres of PanCanadian-owned land. Theproject will focus on PanCanadian’s Palliser block in SouthernAlberta, and is one of the largest potential CBM plays in NorthAmerica, the companies said.

Texas-based Quicksilver Resources reported that its Canadiansubsidiary, MGV Energy, has entered into a joint venture withPanCanadian Petroleum Ltd., to explore and develop coal-bed methane(CBM) reserves on one million acres of PanCanadian-owned land. Theproject will focus on PanCanadian’s Palliser block in SouthernAlberta, and is one of the largest potential CBM plays in NorthAmerica, the companies said.

Enbridge Gas New Brunswick (EGNB) has entered into a three yeardeal whereby Green Bay, WI,-based WPS Energy Services will assumecontrol of EGNB’s approximate 11 MMcf/d transportation capacity onMaritimes & Northeast Pipeline. EGNB had to unload the capacitybecause as the distributor it could not also sell gas.

Enbridge Gas New Brunswick (EGNB) has entered into a three yeardeal whereby Green Bay, WI,-based WPS Energy Services will assumecontrol of EGNB’s transportation capacity on Maritimes andNortheast Pipeline.

Columbia Energy Group has entered into an agreement with OrionPower Holdings of Baltimore, MD, to sell all of the outstandingshares of its subsidiary Columbia Electric Corp. for $200 millionin cash plus the assumption of project-related debt. Included inthe deal is 4,000 MW of capacity in construction and developmentphases.

Internet-based electricity and natural gas provider SmartEnergyannounced that it has entered an agreement to become a featuredmerchant on Yahoo! Shopping, marking the first residential energyservice provider on the e-commerce provider. Yahoo! Shopping willnow give customers in deregulated energy markets a choice in thepurchase of electricity and gas.

Columbia Energy Group has entered into an agreement with Orion Power Holdings of Baltimore, MD, to sell all of the outstanding shares of its subsidiary Columbia Electric Corp. for approximately $200 million in cash plus the assumption of project-related debt. Included in the deal is 4,000 MW of capacity in construction and development phases.

In its first major power sale from its still unfinished merchantenergy plant in Arizona, Calpine Corp. has entered into a five-yearpower sales agreement with the Imperial Irrigation District todeliver 150 MW of electricity from its South Point Energy Center tothe district’s Southern California customers beginning in May 2002.