Flavor

El Paso Corp. added a little more flavor to its $2.25 billion divestiture plan for next year, pinpointing three major locations — the Gulf of Mexico, Midcontinent and the Rocky Mountains — as areas where assets will be sold by the second quarter of 2002. The plan, part of a massive overhaul by the management team within the past few days, comes as El Paso shores up its balance sheet triggered in part by Enron Corp.’s bankruptcy and a host of other problems that have hit the energy industry this year.