Stalled

PG&E Settlement Approved; SoCal Still Stalled

California regulators approved a settlement last week dealingwith Pacific Gas and Electric’s imbalance procedures andoperational flow orders (OFO). The California Public UtilitiesCommission (CPUC) however, did not act on the much tougher issuesincluded in the proposed interim and comprehensive settlementsfiled earlier this year by Southern California Gas.

May 22, 2000

PG&E Settlement Approved; SoCal Still Stalled

California regulators yesterday approved a settlement dealingwith Pacific Gas and Electric Co.’s imbalance procedures andoperational flow orders (OFO). Regulators, however, did not act onthe much tougher issues included in the proposed interim andcomprehensive settlements filed earlier this year by SouthernCalifornia Gas (SoCalGas).

May 19, 2000

Better Times Bring ‘For Sale’ Sign Out at Mitchell

Previously stalled by depressed commodity prices, MitchellEnergy & Development Corp. is flying right again with 12%return on equity in exploration and production, 15 to 20% ingathering and 55 to 60% in natural gas liquids (NGLs), according toone analyst. For Chairman, CEO and gas and oil industry veteranGeorge P. Mitchell, 80, now might be the time to bail out.

October 11, 1999
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