The Center for Biological Diversity (CBD) said it intends to sue the U.S. Department of the Interior (DOI) for insufficiently vetting the potential impacts of 88 Energy Ltd.’s Project Peregrine oil and gas development in Alaska on the Southern Beaufort Sea polar bear population. “With only about 900 bears remaining, the Southern Beaufort Sea population…
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Ryckman Creek Files For Bankruptcy; Storage Operations Continue
Houston-based Ryckman Creek Resources LLC and its parent, Peregrine Midstream Partners LLC, have filed for Chapter 11 bankruptcy.
Industry Briefs
Ryckman Creek Resources LLC, a unit of Peregrine Midstream Partners LLC, is holding a nonbinding open season through Nov. 2 for up to 8 Bcf of firm, high-deliverability, multi-cycle gas storage capacity available April 1 at the company’s new facility in Uinta County, WY, near the Opal Hub (see Daily GPI, Aug. 22). Ryckman Creek has interconnections with five interstate pipelines, all of which are connected to the Opal Hub. Combined meter capacity is in excess of 1 Bcf/d. For information, visit www.peregrinempllc.com or contact Jeff Foutch, jhfoutch@peregrinempllc.com, (713) 974-5606; Don Wash, dwash@peregrinempllc.com, (713) 750-9939; or Chuck Sawyer, csawyer@peregrinempllc.com, (720) 359-1589.
CFTC Sues Brokerage Firm; CEO Attempts Suicide
The Commodity Futures Trading Commission (CFTC) Tuesday filed a complaint in a federal court in Illinois against broker Peregrine Financial Group Inc. (PFG) and its CEO and owner, Russell Wasendorf Sr., alleging that they committed fraud by misappropriating customer funds, violated customer fund segregation laws and lied in financial statements filed with the agency.