Wrapping up its previously announced acquisition, Oklahoma City-based Chesapeake Energy Corp. said it has completed the purchase of Mid-Continent gas assets from a wholly-owned subsidiary of Tulsa-based Oneok, Inc. for $300 million.
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Chesapeake Seals $300 Million Oneok Mid-Continent Asset Purchase
Wrapping up its previously announced acquisition, Oklahoma City-based Chesapeake Energy Corp. said it has completed the purchase of Mid-Continent gas assets from a wholly-owned subsidiary of Tulsa-based Oneok, Inc. for $300 million.
El Paso Energy Partners Seals $782 Million San Juan Basin Asset Deal
El Paso Energy Partners LP. (EPN) said last week that it has completed its $782 million acquisition of the San Juan Basin assets from El Paso Corp. EPN first announced the deal, which includes a 5,500-mile gathering system connected to 9,600 gas wells in northwestern New Mexico, in May (see NGI, June 3).
El Paso Energy Partners Seals $782 Million San Juan Basin Asset Deal
El Paso Energy Partners LP. (EPN) said Monday after the holiday weekend that it has completed its $782 million acquisition of the San Juan Basin assets from El Paso Corp.
EXCO Seals $34 Million Alberta Asset Acquisition
Dallas-based EXCO Resources Inc. reported Wednesday that Addison Energy Inc., a wholly owned subsidiary of EXCO, has completed the previously announced acquisition of some Alberta oil and natural gas assets from an independent Canadian producer (see Daily GPI, Nov. 28). No seller was named by the company.
TECO Seals AEP Power Plant Deal
TECO Power Services (TPS), a subsidiary of TECO Energy, reportedTuesday it has completed the acquisition of American ElectricPower’s (AEP) Frontera Power Station near McAllen, TX for $265million. The plant – located about two miles from the Mexicanborder – is capable of selling power into ERCOT as well as theMexican power grid. The deal was originally announced last month(see Daily GPI, Feb. 12).
UtiliCorp Seals St. Joseph Merger
Ringing in the new year, UtiliCorp United announced that it completed its $190 million merger with St. Joseph Light & Power on Dec. 31, 2000. The union, which has experienced a bumpy ride since its initial announcement in March 1999, creates Missouri’s fourth largest gas distributor and third largest electricity distributor (see NGI, March 8, 1999).
UtiliCorp Seals St. Joseph Merger Agreement
Ringing in the new year, UtiliCorp United announced that itcompleted its $190 million merger with St. Joseph Light & Power onDec. 31, 2000. The union, which has experienced a bumpy ride since itsinitial announcement in March 1999, creates Missouri’s fourth largestgas distributor and third largest electricity distributor (see DailyGPI, March 8, 1999).
Williams Seals Deal on TransCanada’s NGL Assets
Williams’ energy services business unit closed its previously announced acquisition of the natural gas liquids (NGL) portion of TransCanada’s midstream operations. The $540 million deal was first announced on Aug. 3 (see NGI, Aug. 7).
Williams Seals Deal on TransCanada’s Assets
Williams’ energy services business unit reported the closure of itspreviously announced acquisition of the natural gas liquids (NGL)portion of TransCanada’s midstream operations yesterday. The $540million deal was first announced on Aug. 3 (see Daily GPI, Aug. 4).