Never

Futures Higher as Thermometer’s Mercury Drops

Better late than never was the general theme surrounding the natural gas futures market Monday, as more seasonable cold weather finally settled into the East. As a result, January natural gas futures began trading in Monday’s regular session at an elevated level, exploring higher ranges in search of resistance.

December 14, 2004

Futures Higher as Thermometer’s Mercury Drops

Better late than never was the general theme surrounding the natural gas futures market Monday, as more seasonable cold weather finally settled into the East. As a result, January natural gas futures began trading in Monday’s regular session at an elevated level, exploring higher ranges in search of resistance.

December 14, 2004

Magnum Hunter Founder to Retire; Company Eyes ‘Strategic Alternatives’

Magnum Hunter Resources (MHR) Chairman Gary C. Evans, who started the company with $1,000 nearly 20 years ago and built it into a $1.8 billion asset portfolio, announced Thursday that he will retire next April to focus on family life and to allow the company to “take it to the next level.” Until April, Evans plans to remain president and CEO and a director, and he will hold a board seat after retiring.

October 19, 2004

Comstock Contributes 300 Bcfe of Proved Gulf Reserves to New E&P Venture

Frisco, TX-based Comstock Resources is contributing about 300 Bcfe of estimated proved Gulf of Mexico oil and gas reserves and about $102.7 million in related debt to newly created exploration and production venture Bois d’Arc Energy LLC for a 59.9% stake in the new company.

July 26, 2004

Comstock Contributes 300 Bcfe of Proved Gulf Reserves to New E&P Venture

Frisco, TX-based Comstock Resources is contributing about 300 Bcfe of estimated proved Gulf of Mexico oil and gas reserves and about $102.7 million in related debt to newly created exploration and production venture Bois d’Arc Energy LLC for a 59.9% stake in the new company.

July 20, 2004

Chicago Mayor Wants to Know More about Peoples Gas-Enron Relationship

Chicago Mayor Richard M. Daley has joined other state officials in seeking additional details regarding the Peoples Gas-Enron relationship, particularly the use of the Chicago utility’s stored gas in winter 2000/2001 by an unregulated partnership, called Enovate LLC, that was set up by Enron and Peoples Energy, the utility’s parent company.

February 26, 2004

FirstEnergy, NRG Reach Agreement on Failed Sale of Plants

FirstEnergy Corp. on Thursday said that it has reached an agreement with bankrupt NRG Energy Inc. related to a never-completed sale of four FirstEnergy power plants to NRG Energy. Under the agreement, FirstEnergy’s claim against NRG Energy would be allowed in the amount of $396 million, subject to U.S. Bankruptcy Court approval.

November 17, 2003

Business, Labor Back Energy Policy Changes, Incentives

It’s now or never, and it’s not just the energy industry that’s pulling out all the stops to push a national energy policy through the Congress. Unnatural allies, business and labor, joined the rally with a press briefing Wednesday, the day before debate is scheduled to begin and a comprehensive energy bill, H.R. 6 is expected to emerge from the floor of the U.S. House of Representatives.

April 10, 2003

Early Indications Point to Active Hurricane Season in 2003

According to renowned hurricane forecaster Dr. William Gray of Colorado State University, it’s never too early to start thinking about the next hurricane season, particularly the 2003 season, which is expected to be more active than normal. Gray expects 12 named storms, eight hurricanes and three intense hurricanes (category 3-5) in 2003.

December 16, 2002

Early Indications Point to Active Hurricane Season in 2003

According to renowned hurricane forecaster Dr. William Gray of Colorado State University, it’s never too early to start thinking about the next hurricane season, particularly the 2003 season, which is expected to be more active than normal. Gray expects 12 named storms, eight hurricanes and three intense hurricanes (category 3-5) in 2003.

December 10, 2002
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