SM Energy Co. intends “to pursue any and all legal remedies” arising from Endeavour International Corp.’s decision to terminate agreements to buy a 42,000-acre leasehold and associated pipeline assets in McKean and Potter counties in northern Pennsylvania, the Denver-based company said.
Remedies
Articles from Remedies
Arizona Regulatory Staff Opposes UniSource Sale to Investment Group
Although it cautioned that the proponents can develop remedies that would cause it to change its mind, the staff of the Arizona Corporation Commission (ACC) Friday filed its initial opposition to the proposed sale of Tucson-based utility holding company, UniSource Energy Corp., to a private investment group that includes three major Wall Street investment banking firms.
CA Scrambles for Summer Power Remedies
It caused a political stir, but nary a megawatt changed Tuesday when California energy-buying officials turned over to the state controller seven more power contracts that cover supplies this summer. State Controller Kathleen Connell Monday expressed concerns that the state’s much-publicized long-term contracting was going to be woefully short this summer, causing billions of more dollars to be needed for spot market purchases.