Solicits

Senate Energy and Natural Resources Chairman Pete Domenici (R-NM) is proposing to put solutions “to the looming crisis in natural gas supply and demand” on the front burner of the new Congress, calling for legislative proposals to be filed with the committee by Jan. 7. The senator’s announcement followed on a number of complaints last week over the rising price and volatility of natural gas.

Senate Energy and Natural Resources Chairman Pete Domenici (R-NM) is proposing to put solutions “to the looming crisis in natural gas supply and demand” on the front burner of the new Congress, calling for legislative proposals to be filed with the committee by Jan. 7. The senator’s announcement followed on a number of complaints last week over the rising price and volatility of natural gas.

Marathon Oil Corp. is soliciting offers for subsidiary Pennaco Energy Inc.’s extensive coalbed methane (CBM) assets in the Powder River Basin of Wyoming and Montana. The producer paid $500 million for the Denver-based company in 2000 (see NGI, April 30, 2001).

Marathon Oil Corp. said Tuesday it is soliciting offers for subsidiary Pennaco Energy Inc.’s extensive coalbed methane (CBM) assets in the Powder River Basin of Wyoming and Montana. The producer paid $500 million for the Denver-based company in 2000 (see Daily GPI, Dec. 27, 2000).

Columbus, OH-based American Electric Power (AEP) announced Wednesday that it is soliciting bids for all 29 of the power generation units (4,497 MW) of its AEP Texas Central Co. subsidiary (formerly known as Central Power and Light) in an effort to accurately determine their market value and the company’s associated stranded costs. The assets include 12 separate plant sites with a net book value of $1.8 billion as of Dec. 31, 2001.

Honeoye Storage Corp. said Friday that it is inviting offers for firm gas storage service for the coming two storage seasons from its storage facility in Ontario County, just south of Rochester, NY.

Honeoye Storage Corp. said Friday that it is inviting offers for firm gas storage service for the coming two storage seasons from its storage facility in Ontario County, just south of Rochester, NY.

With three expansions to its system in the works for 2002 and 2003, Southern Natural Gas is turning its attention to 2004, soliciting non-binding requests for long-term firm transportation on any part of its system.

With three expansions to its system in the works for 2002 and 2003, Southern Natural Gas is turning its attention to 2004, soliciting non-binding requests for long-term firm transportation on any part of its system.