A $1.2 million discount paid up front in a lump sum and theprospects of picking up energy trading insights from an experiencednational trader are what prompted the nation’s largest municipalutility to sign a one-year gas agreement worth about $25 millionwith Houston-based Reliant Energy Services Inc. last month.
Picking
Articles from Picking
FERC Advisor to Head Up NGSA’s Regulatory Affairs
The Natural Gas Supply Association (NGSA) wasted little time inpicking successors to fill positions that were left vacant by thesudden departures of two staff members.
August 23, 1999
Northern States Picking up 20,000 Natrogas Customers
Minneapolis-based Northern States Power Co. will add about 5,000natural gas and 15,000 propane customers in four states through theacquisition of Natrogas Inc., also of Minneapolis. The dealrequires regulatory approval.
August 23, 1999
FERC’s Jagtiani to Head Up NGSA’s Regulatory Affairs
The Natural Gas Supply Association (NGSA) wasted little time inpicking successors to fill positions that were left vacant by thesudden departures of two staff members.
August 10, 1999
Analysts Say Producers Are Ripe for the Picking
The majors have had their day, now it’s the independents’ turnin the merger mart, and analysts are targeting Burlington Resourcesand possibly even Mitchell Energy as companies in play.
March 29, 1999
Analysts Say Producers are Ripe for the Picking
Don’t get sick of merger-mania quite yet, warns All Star Oilanalyst Fadel Gheit. Burlington Resources is leading the next waveof attractive independent oil and gas producers that are ripe fortakeover, he claims.
March 25, 1999
Sempra Combines Promotion and Sales to New Sports Arena
Joining a sports marketing push that is picking up momentumamong energy companies nationally, Sempra Energy has inked acombination energy services and promotional deal with the operatorsof a new basketball-hockey arena being built in downtown LosAngeles. Sempra’s CEO indicated this was just the first of a seriesof “major branding initiatives” the newly formed San Diego-basedutility holding company will be rolling out over the next 12months.
December 7, 1998
Hicks Muse Takes on Two Dallas Independents
The Dallas-based investment firm, Hicks, Muse, Tate & Furst,announced it was picking up a significant interest in TritonEnergy, the second major investment in an oil and gas E&Pcompany Hicks Muse has made in the last week.
September 1, 1998
Arco-Mobil Swap Would Net Vastar GOM Properties
A property swap between an ARCO subsidiary and Mobil wouldresult in Houston-based Vastar Resources picking up 1999 Gulf ofMexico production estimated to be 180 MMcfe/d.
August 5, 1998
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