Fetch

Chesapeake Energy Corp. has to sell “at least” $7 billion worth of assets this year to avoid a breach of debt covenants and a credit downgrade, a senior analyst with Moody’s Investors Service said Thursday.

Gas producers who’ve grown weary of low commodity prices might wish their molecules were electrons since those can fetch a better price. After having crunched the numbers at the behest and expense of a gas producer, a small engineering firm believes it can make economic sense to turn gas into power right in the producing field.

Gas producers who’ve grown weary of low commodity prices might wish their molecules were electrons as the latter form of energy can fetch a better price. After having crunched the numbers at the behest and expense of a gas producer, a small engineering firm believes it can make economic sense to turn gas into power right in the producing field.

Gas producers who’ve grown weary of low commodity prices might wish their molecules were electrons as the latter form of energy can fetch a better price. After having crunched the numbers at the behest and expense of a gas producer, a small engineering firm believes it can make economic sense to turn gas into power right in the producing field.

If El Paso were to sell ANR Pipeline, as has been rumored since early October, it probably would fetch about $2.7 billion in after-tax proceeds, said CreditSuisse analyst Carl Kirst. El Paso hasn’t commented on the rumors, but Kirst said the demise of the Continental Connector project, which would have fed gas into ANR, competition and low growth prospects in ANR’s upper Midwest market area make such a deal “conceivable.”

If El Paso were to sell ANR Pipeline, as has been rumored since early October, it probably would fetch about $2.7 billion in after-tax proceeds, said CreditSuisse analyst Carl Kirst. El Paso hasn’t commented on the rumors, but Kirst said the demise of the Continental Connector project, which would have fed gas into ANR, competition and low growth prospects in ANR’s upper Midwest market area make such a deal “conceivable.”