Offer

Briefs

South Jersey Gas Co. has signed an agreement with WeatherwiseUSA allowing the New Jersey LDC to offer its retail gas customers aWeatherProof Bill. The bill, which is based on historical gas usepatterns, utility rates, average temperatures, and administrativecosts, fixes a customer’s total gas costs for 12 months withouthigh settle-up charges to cover any excess gas use.

January 25, 1999

Aggregator Offers 10-25% Savings in MA, RI

Through its National Energy Choice program, NEChoice LLC, aBoston-based energy aggregator, said it will offer gas tocommercial, industrial and municipal users in Massachusetts andRhode Island. The program offers savings of 10 to 25% off gassupply. National Energy Choice chose e prime to provide gas to itscustomers from a field of 50 competitors.

December 7, 1998

PSE&G to Expand Residential Choice Program

Public Service Electric and Gas (PSE&G) announced it willoffer a choice of other natural gas suppliers to an additional300,000 customers this summer, pending approval by the New JerseyBoard of Public Utilities (BPU). Less than one year ago, thecompany introduced the pilot, offering a choice of suppliers toabout 65,000 PSE&G residential customers in four New Jerseymunicipalities, Bloomfield, Piscataway, Pennsauken and Westampton.

April 22, 1998

Columbia Files to Offer Choice to 1.3 Million Customers

After 30% of its gas customers saved $7 million (11%) on theirgas bills through a customer choice pilot in Toledo, OH, last year,Columbia Gas of Ohio decided the results were too good to withholdfrom the rest of its customer base. The Ohio utility filed anapplication with the Ohio Public Utility Commission late Tuesday toallow the rest of its 1.3 million customers to choose alternativesuppliers.

April 2, 1998

Mitchell Faces Liability for Old Wells

The Texas Railroad Commission (TRC) issued a complaint and offerof settlement to Mitchell Energy & Development alleging pasttechnical violations of drilling and completion rules. Thecomplaint involves 112 wells, all of which were drilled more than35 years ago. The TRC said the actual depth of the surface casingset in each well was shorter than the depth required by andreported to the commission. Mitchell said there is no evidence ofpollution from the wells.

April 2, 1998

Union Pacific Resources Completes Buy of Norcen Energy

Union Pacific Resources Group (UPR) closed on its acquisition ofNorcen Energy Resources. The companies’ boards approved the dealJan. 26. UPR initiated a tender offer for the 51.5% of Norcen’s stock not owned or controlled by Noranda Inc., a shareholder of49.5% Norcen common stock.

March 4, 1998

Transportation Note

El Paso said effective March 1 it will offer four dailyscheduling cyles instead of two, additional reduction codes,enhanced pooling, enhanced bumping for firm shippers and extra helpmatching up DUNS numbers at certain points on the line. It alsowill modify the procedures used to balance pools. See the PassPortbulletin board for details

February 24, 1998
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