J. Clifford Baxter, 43, who resigned as vice chairman of Enron Corp. in May 2001, has died of an apparent self-inflicted gunshot wound. He was found in a locked vehicle in Sugar Land, a Houston suburb, about 2:30 a.m. Friday, and his death initially was ruled a suicide, but Friday afternoon, an autopsy was ordered. Baxter went to work for Enron in 1991 and eventually became chairman and CEO of Enron North America. He was named Enron’s chief strategy officer in June 2000 and was named vice chairman in October 2000. He also served as the lead negotiator in Enron’s purchase of Portland General Electric in 1997.
Self
Articles from Self
Apache Seals Deal With Occidental
Keeping with the company’s self-imposed completion date, Houston-based Apache closed the deal on its previously announced $385 million acquisition of an Occidental Petroleum subsidiary (see NGI, Aug. 7).
August 21, 2000
Industry Brief
Keeping with the company’s self-imposed completion date,Houston-based Apache closed the deal on its previously announced $385million acquisition of an Occidental Petroleum subsidiary (see DailyGPI, Aug. 3). The subsidiary which ownsinterests on the Outer Continental shelf of the Gulf of Mexico will befinanced under a two-part agreement. Part of the cost will be paid upfront, and the remaining cost will be paid for in futureyears. Included in the sale, are properties in 32 fields, half of themoperated, on 93 blocks with total proved reserves of 56.8 millionbarrels of oil equivalent. Net production of the properties throughyearend are expected to yield an average of 107 MMcf/d and 7,800 bblof oil a day. The proved reserves have an estimated six year reservelife.
August 18, 2000
Talisman to Add Rigel for C$1.2 Billion
Rigel Energy, a medium-sized producer based in Calgary, got the desired results from its summer-long, self-advertising campaign last week in the form of a $C1.2 billion merger offer from Talisman Energy. Rigel’s board of directors said it will recommend acceptance of the offer to the company’s shareholders. Talisman is expected to mail its formal takeover bid offer on Sept. 2, and the offer will be open for acceptance for at least 21 days, Rigel said.
August 30, 1999
Talisman to Add Rigel for $C1.2 Billion
Rigel Energy, a medium-sized producer based in Calgary, got thedesired results from its summer-long, self-advertising campaignyesterday in the form of a $C1.2 billion merger offer from TalismanEnergy. Rigel’s board of directors said it will recommendacceptance of the offer to the company’s shareholders. Talisman isexpected to mail its formal takeover bid offer on Sept. 2, and theoffer will be open for acceptance for at least 21 days, Rigel said.
August 24, 1999
Residential Gas Users Can Become Self-Generators
It won’t be long before natural gas users will be able togenerate their own electricity at home, according to Plug Power,which announced that it has completed the successful demonstrationof a natural gas-based proton exchange membrane (PEM) fuel cellsystem. The residential- sized system-which includes a fuel cellstack, power conditioner and a Johnson Matthey fuelprocessor-produced in excess of 4 kW of electricity this week atthe company’s upstate New York development facility.
December 28, 1998
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