Houston-based independent Ultra Petroleum Corp., which explores for natural gas in the Green River Basin of Wyoming and offshore China, plans to file a 15-day automatic extension notification with the Securities and Exchange Commission relating to its Annual Report on Form 10-K for 2005 after identifying “certain deficiencies in its internal controls,” the company said in a statement. The extension will allow the company more time to prepare its consolidated financial statements and the work required to complete management’s assessment of internal controls over financial reporting in accordance with Section 404 of Sarbanes-Oxley and the rules of the Public Company Accounting Oversight Board. Ultra said it will disclose weaknesses in its financial reporting system and related remediation activities in its Form 10-K. Ultra expects to make its filing by March. 31.
Explores
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FERC Explores Income Tax Allowances for Limited Liability Partnerships
The Federal Energy Regulatory Commission last Thursday began an inquiry into its treatment of income tax allowances in cost-of-service ratemaking proceedings involving limited liability partnerships.
FERC Explores Income Tax Allowances for Limited Liability Partnerships
The Federal Energy Regulatory Commission on Thursday began an inquiry into its treatment of income tax allowances in cost-of-service ratemaking proceedings involving limited liability partnerships.
FERC Explores Income Tax Allowances for Limited Liability Partnerships
The Federal Energy Regulatory Commission on Thursday began an inquiry into its treatment of income tax allowances in cost-of-service ratemaking proceedings involving limited liability partnerships.
TransColorado Takes Bids on Capacity, Questar Explores Extension to Bison Pipeline
TransColorado Gas Transmission said Friday that it is offering shippers an opportunity to bid on 74,500 Dth/d of firm transportation capacity in two packages that will become available at the end of October when two contracts expire. Each contract is subject to a prearranged bid of 26 cents/Dth for a term of five years. The company said the prearranged bid does not include an option for the current shipper to match higher bids.
Canada Explores Coalbed Methane Potential
Driven by high prices, depleted storage, demand growth forecasts and signs that conventional production has at best peaked and at worst begun slipping, Canadian natural gas suppliers are hunting a new generation of reserves that can be put to use fast.
Canada Explores Coalbed Methane Potential
Driven by high prices, depleted storage, demand growth forecasts and signs that conventional production has at best peaked and at worst begun slipping, Canadian natural gas suppliers are hunting a new generation of reserves that can be put to use fast.
FERC Explores Extending Market Mitigation Across the West
If the Federal Energy Regulatory Commission opts to extend a California-type, market-based lid on real-time power prices throughout the western region, the plan could be operational a little more than a month after California’s market mitigation plan kicks in, FERC General Counsel Kevin Madden told NGI last week.
FERC Explores Extending Market Mitigation Across the West
If the Federal Energy Regulatory Commission opts to extend a California-type, market-based lid on real-time power prices throughout the western region, the plan could be operational a little more than a month after California’s market mitigation plan kicks in, FERC General Counsel Kevin Madden told NGI.
GISB Explores Gas, Electric Standards
The Gas Industry Standards board (GISB) has offered up a plan for a combined natural gas and electric industry standards board for discussion among GISB’s own members and electric industry representatives.
