Solicit

Marathon Oil Co. announced Monday its intent to solicit offers for the company’s interests in Western Canada, which account for approximately 21,000 boe/d of net production, including about 100 MMcf/d of gas and 4,000 b/d of liquids.

The Federal Energy Regulatory Commission has scheduled a one-day technical conference Jan. 16, 2003 to solicit information for the purpose of evaluating the status of capital available to energy markets and infrastructure. A second conference will be held Feb. 5 on credit issues and potential solutions.

UtiliCorp United began its quest to shore-up enough power supplycontracts to provide for the long-term needs of its 425,000customers in Missouri, Kansas and Colorado. The company is seekingto secure 1,250 MW of annual capacity for up to 15 years to helpmeet the demand from its customers.

Just days after Houston-based Anadarko said it would boost itsspending in Canada this year (see Daily GPI, Feb. 12), the independent played whiteknight Monday, agreeing to acquire gas-rich Berkley PetroleumCorp. for $777 million, further boosting its Canadian reserves andpulling the rug out from under another Texas-based producer that hadset its sights on the company two months ago.

Tennessee Gas Pipeline is holding an open season through May 31to solicit interest in its Mississippi 500 Line Expansion Project.Tennessee expects the expansion to involve about 700,000 Dth/d offirm service starting June 1, 2001.

Tennessee Gas Pipeline is holding an open season through May 31to solicit interest in its Mississippi 500 Line Expansion Project.Tennessee expects the expansion to involve about 700,000 Dth/d offirm service starting June 1, 2001.

Dominion Transmission (formerly CNG) is conducting an openseason to solicit interest in high-deliverability, firm,market-area storage to be available in 2003. The highdeliverability storage (HDS) project “includes up to 12 turns peryear, 10-day withdrawal and is competitively priced,” Dominionsaid. “We developed HDS to meet the needs of the evolving,fast-growing, peaking market,” said Paul Koonce, senior vicepresident for Dominion Generation. The open season runs from April3 to May 31, 2000. Dominion’s system offers key delivery pointssuch as its North and South points; numerous LDC citygates; andother pipelines, including Texas Eastern at Leidy and Oakford;Tennessee at Cornwell, Petersburg, Gilmore, Harrison, Ellisburg andBrookview; and Transco at Leidy and Nokesville.

Rigel Energy Corp. of Calgary, a medium-sized Canadian producer,is opening a data room June 14 to solicit proposals from partiesinterested in “making an investment in the equity of thecorporation, merging with the corporation, acquiring certain ofRigel’s assets, or making an offer for 100% of the corporation,”according to Don Gardner, Rigel’s chief financial officer. Aspecial committee has been appointed to conduct the process which”will be broad, open and transparent,” Gardner told the company’sannual meeting June 2.

Rigel Energy Corp. of Calgary, a medium-sized Canadian producer,is opening a data room June 14 to solicit proposals from partiesinterested in “making an investment in the equity of thecorporation, merging with the corporation, acquiring certain ofRigel’s assets, or making an offer for 100% of the Corporation,”according to Don Gardner, Rigel’s chief financial officer. Aspecial committee has been appointed to conduct the process which”will be broad, open and transparent,” Gardner told the company’sannual meeting.