Separate

A pair of liquefied natural gas (LNG) receiving terminal proposals on seemingly different trajectories — one ascending, the other trying to break its fall — eye separate hearings in their respective locales of Oregon and Southern California later this month.

Western Gas Partners LP, the midstream partnership formed by Anadarko Petroleum Corp. earlier this year, will spin off as a separate company to hold some of the producer’s domestic assets in an offering expected to fetch $375 million.

The failed hedge fund Amaranth Advisors LLC, affiliates and former natural gas traders filed joint and separate requests last week for FERC to terminate a July show-cause order that accused the parties of indirectly influencing the price of jurisdictional physical gas transactions in 2006 through manipulation of the New York Mercantile Exchange (Nymex) natural gas futures contract.

The failed hedge fund Amaranth Advisors LLC, affiliates and former natural gas traders have filed joint and separate requests for FERC to terminate a July show-cause order that accused the parties of indirectly influencing the price of jurisdictional physical gas transactions in 2006 through manipulation of the New York Mercantile Exchange (Nymex) natural gas futures contract.

Calgary-based Talisman Energy Inc. has agreed to sell about 16,000 boe/d of noncore North American assets in a series of separate transactions. Net proceeds are expected to be C$815 million (US$771 million).

Calgary-based Talisman Energy Inc. agreed to sell about 16,000 boe/d of noncore North American assets in a series of separate transactions. Net proceeds are expected to be C$815 million (US$771 million).

Dominion has completed two separate sales of U.S. onshore natural gas and oil operations to a new subsidiary of Loews Corp. and to XTO Energy Corp. for a total of $6.5 billion. The two sales were announced in June (see Daily GPI, June 5).

Stone Energy Corp. said Friday it had completed the sale of substantially all of its Rocky Mountain properties to Newfield Exploration Co. in two separate transactions worth $577.9 million (see Daily GPI, May 15). Stone plans to keep a 35% proportional working stake in several undeveloped plays that are located on about 60,000 acres.

Stone Energy Corp. said Friday it had completed the sale of substantially all of its Rocky Mountain properties to Newfield Exploration Co. in two separate transactions worth $577.9 million (see NGI, May 21). Stone plans to keep a 35% proportional working stake in several undeveloped plays that are located on about 60,000 acres.