Obtained

After it had obtained all of the necessary regulatory approvals, Burlington Resources Inc. said Tuesday that it has received acceptance of its C$53.00 per share cash tender offer to acquire all the common shares of Canadian Hunter Exploration Ltd. by Canadian Hunter’s shareholders. A total of 58.7 million shares of Canadian Hunter common stock were tendered under the offer. The deal represents more than 98% of Canadian Hunter’s shares outstanding. Burlington said it intends to take up the tendered shares immediately. Burlington said it would acquire the remaining shares of Canadian Hunter by compulsory acquisition for C$53.00 per share in cash. “Canadian Hunter’s performance continues to exceed expectations, and the completion of this transaction further establishes Burlington as a significant player in Canada,” said Bobby S. Shackouls, Burlington CEO. “Our combined entities are uniquely positioned for future profitable growth, and we are delighted to welcome Canadian Hunter’s employees to the Burlington Resources family.”

Enron Corp. has obtained $1.5 billion in Chapter 11 financing to keep its energy trading unit and other operations running as it begins to reorganize, the company said late Monday. A bank consortium, led by J.P. Morgan Chase & Co. and Citibank, loaned the bankrupt Houston trader the funds, which will give Enron some capital as it attempts to repay some debts. Enron also got the go-ahead from Bankruptcy Court Monday night that will allow it to continue operations and offer severance packages to the thousands of employees who are losing their jobs.

The companion expansion projects of Maritimes and Northeast Pipeline and Algonquin Transmission obtained final environmental clearance last week from FERC staff, moving them one step closer to receiving certificate authorization from the full Commission.

The companion expansion projects of Maritimes and Northeast Pipeline and Algonquin Transmission have obtained final environmental clearance from FERC staff, moving them one step closer to receiving certificate authorization from the full Commission.

Pacific Gas and Electric Co. on Thursday obtained the federal bankruptcy court’s approval to spend $39.5 million to upgrade a 425-mile portion of its California natural gas transmission pipeline known as the “Redwood Path,” running from Malin, OR, at the California border to a point in San Benito County south of San Jose, CA. The proposed expansion will add about 200 MMcf/d capacity that the utility said has been operating at about 95% capacity since 1998.

Two federal energy officials may have fed information on unpaidoil royalties that they obtained from producers underconfidentiality agreements to a Washington D.C.-based watchdoggroup to use as ammunition against the producers in a”whistle-blower” lawsuit seeking recovery of back royalties inCalifornia. They may also have “steered the Department of Interiortoward a [royalty] policy favorable” to certain parties, accordingto a report by an investigator with the General Accounting Office(GAO) that was released last week.

Two federal energy officials may have fed information on unpaidoil royalties that they obtained from producers underconfidentiality agreements to a Washington DC-based watchdog groupto use as ammunition against the producers in a “whistle-blower”lawsuit seeking recovery of back royalties in California. They mayalso have “steered the Department of Interior toward a [royalty]policy favorable” to certain parties, according to a report filedby an investigator with the General Accounting Office (GAO).