Holds

XTO Energy Corp., which holds leases in some of the biggest natural gas prospects in the United States, is on the prowl for even more acquisitions, fueled by an expectation of $10/Mcf gas prices through at least the rest of the year.

An estimated 18 million acres offshore Texas will be up for lease in late August when the Interior Department’s Minerals Management Service (MMS) holds the first sale in its five-year (2007-2012) Outer Continental Shelf (OCS) leasing program.

An estimated 18 million acres offshore Texas will be up for lease in late August when the Interior Department’s Minerals Management Service (MMS) holds the first sale in its five year (2007-2012) Outer Continental Shelf (OCS) leasing program.

Enterprise Products Partners LLC holds a substantial share of the U.S.natural gas liquids (NGL) market, and its intrastate natural gas pipeline system in Texas is stronger than ever. So what’s next? CEO Robert Phillips said last week the master limited partnership (MLP) now has its sights set on the interstate gas pipeline market.

Enterprise Products Partners LLC holds a substantial share of the U.S.natural gas liquids (NGL) market, and its intrastate natural gas pipeline system in Texas is stronger than ever. So what’s the next thing? CEO Robert Phillips said Thursday the master limited partnership (MLP) now has its sights set on the interstate gas pipeline market.

FERC Thursday denied a request of Tennessee Gas Pipeline to acquire the capacity entitlements that Dynegy Marketing and Trade holds to a portion of Columbia Gulf Transmission’s capacity on offshore Louisiana pipeline facilities.

A proposed program by the Minerals Management Services (MMS) for five-year leasing (2007-2012) on the federal Outer Continental Shelf (OCS) is “much too conservative,” said seven energy-related associations in joint comments filed with the agency.

Duke Energy, which holds 77.53% interest in Maritimes & Northeast Pipeline LLC, announced last Thursday that Maritimes has begun soliciting consents from holders of its 7.70% senior secured bonds due 2019. The solicitation is tied to Duke Energy’s plans to spin off its natural gas-related businesses into a separate company.

Duke Energy, which holds 77.53% interest in Maritimes & Northeast Pipeline LLC, announced Thursday that Maritimes has begun soliciting consents from holders of its 7.70% senior secured bonds due 2019. The solicitation is tied to Duke Energy’s plans to spin off its natural gas-related businesses into a separate company.