Reorganizes

Utilipro Inc., an 80% AGL Resources-owned customer-caresolutions provider, announced yesterday it is cutting staff andreorganizing because energy deregulation is taking hold too slowly.

Although the creation of Westar Energy did not follow the pathoriginally intended, plans for the utility holding company were setin motion last week when Western Resources announced it will splitthe company into two separate entities, one covering electricutility businesses and another for its non-electric operations.Both companies will be public entities. The separation is expectedoccur through a voluntary exchange offer expected to be completedprior to year-end.

Attempting to better organize its businesses and release hiddenvalue in its operations, Western Resources said yesterday it willseparate its electric utility businesses under a differentcorporate umbrella from its non-electric affiliates. Both companieswill be public entities. The separation is expected occur through avoluntary exchange offer expected to be completed prior toyear-end.

Duke Energy Gas Transmission has named Tom O’Connor, TheopolisHoleman, Dorothy Ables and Richard Kruse to new positions as seniorvice presidents. This new market-oriented executive team willreport to Robert B. Evans, president of Duke Energy GasTransmission, and will be responsible for the management of DukeEnergy’s interstate natural gas pipelines.

PG&ampE Gas Transmission-Texas has announced a reorganization ofits business into four major lines: field services, transmissionand storage services, gas marketing and supply, and natural gasliquids (NGL) marketing and development.

NGC Corp. announced it is reorganizing its marketing and tradingoperations to reflect continued convergence of the gas and powerindustries and to “meet growing and different customer demands fora single source supplier.” In particular, the company announcedplans to combine the trading functions of Natural Gas Clearinghouseand Electric Clearinghouse, its gas and power marketing operations,and to make its gas liquids business a separate enterprise.