Northern Border Partners LP showed a 43% increase in third quarter net income to $29.1 million or $0.65 per unit after several pipeline and processing acquisitions this year, including Midwestern Gas Transmission and gathering assets in the Powder River Basin. Cash flow increased 23% to $82.1 million.
Stretches
Articles from Stretches
API: Permitting, Leasing Snafus Tie Up Production in West
While vast stretches of federal lands technically may be openfor oil and natural gas exploration, producers still are preventedfrom drilling on them because of restrictions in their leases and asevere backlog of drilling permitting requests, the CEO of theAmerican Petroleum Institute (API) said earlier this week.
March 30, 2001
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