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Pond

Judge Refuses to Force Cabot to Continue Dimock Water Deliveries

A judge in Pennsylvania has denied a request by several Dimock Township families to force Cabot Oil & Gas Corp. to continue delivering potable water to their homes.

December 2, 2011

Pennsylvania Says Cabot Can Stop Delivering Dimock Water by Nov. 30

The Pennsylvania Department of Environmental Protection (DEP) has granted Cabot Oil & Gas Corp. permission to discontinue potable water deliveries to several Dimock Township residents by Nov. 30.

October 20, 2011

UK’s Centrica Purchases Direct Energy for $612 Million

One of the United Kingdom’s leading natural gas suppliers took ahuge step across the Big Pond yesterday, agreeing to purchase oneof Canada’s largest gas marketers. Centrica Plc will pay $612million in cash and assumed debt for Calgary’s Direct EnergyMarketing Ltd. and its associated marketer, Natural GasWholesalers.

July 7, 2000

Industry Briefs

kRoad Ventures LP made a significant investment in HoustonStreetExchange Inc. to finance the online energy trading system’s pondcrossing to Europe. New York City-based kRoad is a global venturecapital fund focused on the infrastructure sector (energy,utilities, water and waste management). kRoad brings tradingliquidity, sector experience and international business networksunique to its limited partners: Vivendi (Europe), Softbank (Asia)and Sithe (North America). kRoad’s investment is the cornerstone ofHoustonStreet’s international initiatives. kRoad, Vivendi andHoustonStreet agreed to structure a strategic partnership toestablish HoustonStreet Europe.

April 10, 2000

kRoad Financing HoustonStreet Pond Crossing

kRoad Ventures LP made a significant investment in HoustonStreetExchange Inc. intended to help HoustonStreet bring online energycommodity trading to Europe.

April 7, 2000

Merger Forms Biggest Fish in Drilling Industry Pond

Schlumberger Ltd, one of the largest oil services companies inthe world, decided last week to spin off Sedco Forex Offshore, itsoffshore drilling company, and allow it to enter into a mergeragreement with Transocean Offshore Inc. for $3.2 billion in theresultant company’s stock. If approved by regulators, thecombination will form Transocean Sedco Forex, the largest offshoredrilling company in the world.

July 19, 1999

Merger Forms Biggest Fish in Drilling Industry Pond

Schlumberger Ltd, one of the largest oil services companies inthe world, decided Monday to spin off Sedco Forex Offshore, itsoffshore drilling company, and allow it to enter into a mergeragreement with Transocean Offshore Inc. for $3.2 billion in theresultant company’s stock. If approved by regulators, thecombination will form Transocean Sedco Forex, the largest offshoredrilling company in the world.

July 13, 1999