Oklahoma Corporation Commission (OCC) staff, ONEOK Inc. and itssubsidiaries Oklahoma Natural Gas (ONG) and Kansas Gas Service(KGS) reached negotiated settlement of a number of interim issueson rates, unbundling of assets and competitive bidding for gasservices. The stipulated agreement must still be approved by OCCcommissioners. Once that happens, it will hasten wholesale and thenretail unbundling in the state.
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Questar Announces $50 Million Stock Repurchase Program
Questar Corp. announced plans to purchase up to $50 million ofits outstanding common stock on the open market or in privatelynegotiated transactions over the next two years.
April 19, 1999
Columbia’s Richard Pitches for Seasonal Rates
Columbia Energy President and CEO Oliver G. “Rick” Richard IIIsays proposals for seasonal ratemaking and negotiated terms andconditions are the most important of the reform initiatives pendingbefore FERC, and deserve priority. Obtaining regulatory approvalfor both will be a “key initiative” of pipelines this year.
February 5, 1999
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