Preliminary

Canadian 88 Losing Duke as Major Shareholder

Canadian 88 Energy Corp. plans to file a preliminary short-form prospectus on Wednesday by way of a secondary offering in Canada after 19% shareholder Duke Energy said it would sell its entire stake in the Calgary-based producer. Duke announced that it has accepted an offer to sell its 25.79 million shares to an underwriting syndicate for C$72.2 million (US$47.2 million) — about C$2.80 each.

June 10, 2002

Northwest, East Tennessee, Gulfstream Projects Score at FERC

FERC issued favorable preliminary determinations (PD) on non-environmental grounds for two Northwest Pipeline expansion projects and East Tennessee Natural Gas’ Patriot project last week, and approved an amendment to the Gulfstream Natural Gas System LLC pipeline certificate that will allow the Florida pipeline system to be completed in two phases.

April 1, 2002

East Tennessee Project Gets PD Nod from FERC, and Warning

FERC awarded East Tennessee Natural Gas a preliminary determination (PD) on non-environmental issues for its Patriot Project last week but not before Chairman Pat Wood warned the pipeline that he will oppose a certificate for it if landowner concerns aren’t squarely addressed.

April 1, 2002

FERC Grants PD to $95M Georgia Strait Pipeline

FERC granted a favorable preliminary determination on non-environmental grounds to the Georgia Strait Crossing project Wednesday. The 47.5-mile, 16-inch and 20-inch diameter pipeline would deliver 95,700 Dth/d of gas to Vancouver Island from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

March 18, 2002

FERC Grants PD to $95M Georgia Strait Pipeline

FERC granted a favorable preliminary determination on non-environmental grounds to the Georgia Strait Crossing project Wednesday. The 47.5-mile, 16-inch and 20-inch diameter pipeline would deliver 95,700 Dth/d of gas to Vancouver Island from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

March 14, 2002

FERC Issues PDs to Kern River, FGT Pipeline Expansions

FERC issued favorable preliminary determinations on non-environmental grounds last week on two major pipeline expansion projects, one of which would double Kern River Gas Transmission pipeline capacity to California. The other project, Florida Gas Transmission’s (FGT) $105.4 million Phase VI expansion, would provide 85,356 Dth/d of additional pipeline capacity for markets in Mississippi, Louisiana, Alabama and Florida.

March 4, 2002

FERC Issues PDs to Kern River, FGT Pipeline Expansions

FERC issued favorable preliminary determinations on non-environmental grounds Wednesday on two major pipeline expansion projects, one of which would double Kern River Gas Transmission pipeline capacity to California. The other project, Florida Gas Transmission’s (FGT) $105.4 million Phase VI expansion, would provide 85,356 Dth/d of additional pipeline capacity for markets in Mississippi, Louisiana, Alabama and Florida.

February 28, 2002

GA Expected to Adopt Regulated Marketer; Question Is Who?

Almost a month after its preliminary recommendations were agreed upon, the Blue Ribbon Natural Gas Task Force delivered to Georgia Gov. Roy Barnes last week a 35-page final report outlining its proposals for fixing the natural gas system in the state. As expected, the final report proposed the reinstallation of a regulated supplier into the current mix of unregulated retail marketers instead of returning to a monopoly structure (see NGI, Jan. 14).

February 11, 2002

GA Expected to Adopt Regulated Marketer; Question Is Who?

Almost a month after its preliminary recommendations were agreed upon, the Blue Ribbon Natural Gas Task Force delivered to Georgia Gov. Roy Barnes on Wednesday a 35-page final report outlining its proposals for fixing the natural gas system in the state. As expected, the final report proposed the reinstallation of a regulated supplier into the current mix of unregulated retail marketers instead of returning to a monopoly structure (see Daily GPI, Jan. 11).

February 7, 2002

NEB OKs TransCanada, M&NP Toll Applications

The National Energy Board (NEB) gave preliminary approval to TransCanada PipeLines Ltd.’s application for 2001/2002 tolls and tariff issues and the Mainline Service and Pricing Settlement. TransCanada is currently on interim tolls, which provide C$1.13/gigajoule for the Eastern Zone, and those tolls will remain in effect pending a final decision, said the board. The NEB also approved Maritimes & Northeast Pipeline Management Ltd.’s (M&NP) Toll Settlement Compliance Filing for final tolls effective Oct. 1, 2000 to Dec. 31, 2002, noting that the Settlement Compliance Filing (SCF) reflects tolls that are “just and reasonable” and therefore, require no more work.

November 19, 2001