In a story published May 3, “San Bruno Settlement Talks Break Down, PG&E CEO Says” (see Daily GPI, May 3), the fifth paragraph was incorrect. That paragraph should read: CFO Kent Harvey said PG&E would “continue to expect to need roughly $1-1.2 billion of equity for the year, excluding any fines or penalties beyond the $200 million we’ve already accrued. Of that, we issued about $430 million in 1Q2013.” NGI regrets the error.
Kent
Articles from Kent
How Low Can Gas Prices Go? MDU Exec Thinks Lower
Natural gas prices may well go lower before they turn around, the head of MDU Resources Group Inc.’s exploration and production (E&P) business, Kent Wells, told a financial analysts’ conference in New York City on Thursday.
How Low Can Gas Prices Go? MDU Exec Thinks Lower
Natural gas prices may well go lower before they turn around, the head of MDU Resources Group Inc.’s exploration and production (E&P) business, Kent Wells, told a financial analysts’ conference in New York City on Thursday.
Bakken Shale Pushing North Dakota Oil Production Higher
Riding the Bakken shale rush, North Dakota appears in a good position to jump up to the second biggest oil producing state in the nation behind only Texas. If the upper Midwest state achieves that status next year as expected, it would leapfrog over both Alaska and California, something that would have been unthinkable five years ago.
Senate Democrat Offers $40B Energy Bill That Supports Lease 181 Drilling
Sen. Kent Conrad (D-ND) has introduced a $40 billion sweeping energy bill that, among other things, calls for the Interior Department to open additional acreage in Lease Sale 181 in the eastern Gulf of Mexico for oil and natural gas drilling.