Signing

Just days after signing a farm-in agreement to develop some ExxonMobil Corp. properties in the Piceance Basin, XTO Energy Inc. on Tuesday said it had purchased some Permian Basin properties in West Texas and New Mexico from the oil giant for a closing price of $200 million.

Just days after signing a farm-in agreement to develop some ExxonMobil Corp. properties in the Piceance Basin, XTO Energy Inc. on Tuesday said it had purchased some Permian Basin properties in West Texas and New Mexico from the oil giant for a closing price of $200 million.

Calgary-based Enterra Energy Trust Tuesday announced the signing of a definitive agreement for the acquisition of all of the issued and outstanding common shares of another Canadian producer, High Point Resources Inc. The deal is valued at approximately US$250 million.

After signing a 20-year agreement earlier this year for one-third of the liquefied natural gas (LNG) output at the FERC-certificated Freeport LNG terminal, Dow Chemical has decided to purchase a 15% ownership stake in the partnership that is building the terminal.

After signing a 20-year agreement earlier this year for one-third of the liquefied natural gas (LNG) output at the FERC-certificated Freeport LNG terminal, Dow Chemical has decided to purchase a 15% ownership stake in the partnership that is building the terminal (see Daily GPI, Feb. 27).

After signing a 20-year agreement earlier this year for one-third of the liquefied natural gas (LNG) output at the FERC-certificated Freeport LNG terminal, Dow Chemical has decided to purchase a 15% ownership stake in the partnership that is building the terminal (see Daily GPI, Feb. 27).

Using authority it was granted in recent years, the Los Angeles Department of Water and Power (LADWP) is in the latter stages of year-long negotiations for “pre-paid” natural gas supplies and, in some cases, purchase of gas reserves, an official with the city-run utility told NGI on Wednesday.

Using authority it was granted in recent years, the Los Angeles Department of Water and Power (LADWP) is in the latter stages of year-long negotiations for “pre-paid” natural gas supplies and, in some cases, purchase of gas reserves, an official with the city-run utility told NGI on Wednesday.

Georgia Natural Gas is offering a special fixed rate of 74.9 cents per therm for retail customers signing up for its 12-Month Fixed Rate Plan during October. In addition, GNG’s variable market price for October is 74.9 cents per therm, a 9% decrease from a month ago and the lowest market price currently available, the company said. GNG said lower wholesale prices in response to rising storage inventories allowed the company to offer lower fixed rates.