Michigan

Transportation Notes

ANR said it has cut available capacity for the Muttonville Lateral in Michigan from 100,000 Dth/d to 40,000 Dth/d until further notice.

October 20, 2010

Transportation Notes

Southern California Gas did not extend a high-linepack OFO beyond Friday.

April 20, 2009

BreitBurn Completes $1.45B Acquisition of Quicksilver Assets

BreitBurn Energy Partners LP and Quicksilver Resources Inc. have completed the $1.45 billion sale of all of Quicksilver’s natural gas, oil and midstream assets in Michigan, Indiana and Kentucky to BreitBurn, they said Thursday. BreitBurn paid $750 million in cash and approximately 21.348 million common units of its stock.

November 5, 2007

BreitBurn Energy’s Purchase of Quicksilver Resources Clears FTC

The Federal Trade Commission (FTC) has given the green light to BreitBurn Energy Partners LP’s plan to buy all of Quicksilver Resources Inc.’s natural gas properties in Michigan, Indiana and Kentucky for $750 million in cash and 21.35 million of BreitBurn’s common units. The transaction, which is targeted for closure on Nov. 1, is 94% weighted to gas, with a total value of about $1.45 billion.

October 16, 2007

BreitBurn Stokes Gas Business with Quicksilver Deal

BreitBurn Energy Partners LP is building its stake in onshore natural gas properties under an agreement to purchase all of Quicksilver Resources Inc.’s properties in Michigan, Indiana and Kentucky for $750 million in cash and 21.35 million of BreitBurn’s common units. The transaction, expected to close early next month, is 94% weighted to gas, with a total value of about $1.45 billion.

September 17, 2007

BreitBurn Stokes Gas Business with Quicksilver Deal

BreitBurn Energy Partners LP is building its stake in onshore natural gas properties under an agreement to purchase all of Quicksilver Resources Inc.’s properties in Michigan, Indiana and Kentucky for $750 million in cash and 21.35 million of Breitburn’s common units. The transaction, expected to close early next month, is 94% weighted to gas, with a total value of about $1.45 billion.

September 13, 2007

Cap Rock-SEMCO Energy Deal Combines TX Power with MI, AK Gas

Cap Rock Holding Corp. last week agreed to acquire SEMCO Energy Inc., parent of utilities SEMCO Energy gas Co. in Michigan and ENSTAR Natural Gas Co. in Alaska, in an $867 million cash and debt deal.

February 26, 2007

Muni Pension Fund Shareholder Sues NorthWestern Over Buy Offers

A Michigan city pension fund that owns shares in NorthWestern Corp. last week filed a lawsuit in a South Dakota court, seeking to make a class action issue out of the utility company’s reluctance so far to accept public- or private-sector buyout offers. The City of Livonia Employees’ Retirement System filed the suit in a federal court.

December 8, 2005

Aquila Sells Four Utilities for $897M, Retains St. Joseph, Colorado Operations

Aquila Inc. said Wednesday it signed definitive agreements to sell four utility businesses in Michigan, Minnesota, Missouri and Kansas for a total of $896.7 million, or about $20 million more than estimated in March when it announced its intention to divest the utility assets.

November 10, 2005

Carlyle/Riverstone, Capital C Buy Appalachian Producer Belden & Blake

Private equity fund Carlyle/Riverstone Global Energy & Power Fund II LP and partner Capital C Energy LLC are buying Michigan and Appalachian basin gas and oil producer Belden & Blake for an undisclosed amount. Canton, OH-based Belden & Blake is one of the oldest producers in the Appalachian region and currently has about 360 Bcfe of proved reserves.

June 21, 2004