Statements

True to statements last week that acquisitions were on the radar screen (see Daily GPI, Sept. 7), Canadian Hunter Exploration Ltd. said Monday it has acquired a Canadian company and another in Argentina. The Canadian assets, acquired from a private company for C$22.5 million, include property in the Chedderville and Garrington areas of West Central Alberta, adjacent to Canadian Hunter property. Neither acquisition is expected to materially impact Canadian Hunter’s 2001 production forecast.

FERC staff issued favorable environmental impact statements onproposed pipeline expansions by Trans Union Interstate and WilliamsGas Pipeline Central. Both projects primarily will serve new powergeneration in the Midcontinent and Gulf Coast regions. In itsEnvironmental Assessments, Staff said the projects would have noadverse environmental impact if certain mitigating measures wereundertaken. Trans Union Interstate is proposing a 430,000 MMBtu/dpipeline extension to a 2,700 MW combined-cycle, gas-fired powerplant proposed by Union Power Partners near El Dorado, AR. Thepower plant is expected to be operation in spring of 2002. Anapplication for the 42-mile 30-inch diameter pipeline was filedlast December. The Williams project, called the Pleasant HillPipeline, would involve construction of two miles of 24-inchdiameter pipe and 2,890 hp of compression in Franklin County, KS,and Cass and Johnson County, MI. The project would provide 44,200Dth/d of gas in the winter and 88,200 Dth/d of gas in the summer toUtiliCorp United’s proposed Pleasant Hill Power plant in CassCounty, MI, to UtiliCorp’s distribution system in Missouri and toU.S. Energy Services in Pettis County, MI. UtiliCorp also willconstruct its own eight mile pipeline to the Williams facilities.