Master

Gas Pipes Score Big in FERC Ruling on MLPs in Proxy Groups

In a major win for interstate pipelines, FERC Thursday adopted a policy statement that allows the use of master limited partnerships (MLPs) in proxy groups to determine oil and natural gas pipelines’ returns on equity (ROE) for ratemaking purposes. The new policy responds to the decline in publicly traded companies with substantial pipeline assets and the rise in MLPs in the pipe sector.

April 18, 2008

Devon Expects to Top 1 Bcf/d in Barnett Before Mid-Year

When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.

February 11, 2008

Devon Expects to Top 1 Bcf/d in Barnett Before Mid-Year

When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.

February 7, 2008

Producer EXCO Backs Off MLP Bid

Dallas-based exploration and production (E&P) company EXCO Resources Inc. is withdrawing its proposed offer of units in a master limited partnership (MLP) to own a “substantial” portion of mature producing oil and natural gas properties in the Appalachian, East Texas, North Louisiana, Midcontinent and Permian Basin areas.

January 14, 2008

Producer EXCO Backs Off MLP Bid

Dallas-based exploration and production (E&P) company EXCO Resources Inc. is withdrawing its proposed offer of units in a master limited partnership (MLP) to own a “substantial” portion of mature producing oil and natural gas properties in the Appalachian, East Texas, North Louisiana, Midcontinent and Permian Basin areas, the company said Thursday.

January 11, 2008

Fewer Organic Projects, More Consolidation Seen for MLPs in 2008

There are still worlds to conquer for master limited partnerships (MLP), but access to capital is more difficult to obtain now than it was just months ago, making consolidation among players a more likely scenario in the months ahead, according to a report by Sanders Morris Harris (SMH).

December 10, 2007

Fewer Organic Projects, More Consolidation Seen for MLPs

There are still worlds to conquer for master limited partnerships (MLP), but access to capital is more difficult to obtain now than it was just months ago, making consolidation among players a more likely scenario in the months ahead, according to a report by Sanders Morris Harris (SMH).

December 10, 2007

FERC Seeks Comments on Projecting MLPs’ Growth Potential

FERC is seeking industry comments by Dec. 14 solely on the issue of how a master limited partnership’s (MLP) growth should be projected for the purposes of the discounted cash flow (DCF) analysis.

November 26, 2007

FERC Seeks Comments on Projecting MLPs’ Growth Potential

The Federal Energy Regulatory Commission is seeking industry comments by Dec. 14 solely on the issue of how a master limited partnership’s (MLP) growth should be projected for the purposes of the discounted cash flow (DCF) analysis.

November 20, 2007

EnCana May Sell ‘Scattered’ U.S. Assets, Considers MLP

EnCana Corp. is considering whether to sell some of its “small, scattered assets” in its U.S. portfolio, and an as-yet unformed master limited partnership (MLP) could be a potential buyer, CEO Randy Eresman said Thursday.

November 19, 2007
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