Chesapeake Shows 2Q Improvement

For the first time in the last eight quarters, Chesapeake EnergyCorp. of Oklahoma City, OK, turned a profit. The improvement was inspite of decreased production.

July 29, 1999

KN’s Horizon Shines in Illinois, Wisconsin

KN Energy has discovered there is more than just cheddar cheeseproduction going on in Wisconsin these days. Potential customersfrom “all segments of the industry” showed interest in its proposedHorizon Pipeline project and have signed preliminary agreements for800 MMcf/d of firm capacity, the company said yesterday.

July 2, 1999

Columbia Results Improve, But Marketing Suffers

Columbia Energy Group barely overcame warmer than normaltemperatures, weak gas prices and higher marketing costs during thefirst quarter to post a 2% increase in earnings. The companyreported first quarter 1999 earnings of $150.4 million, or $1.81per share, up $2.9 million, or four cents per share, from $147.5million or $1.77 per share in the 1998 first quarter. Strongperformances by its regulated transmission, storage anddistribution operations, as well as its propane, power generationand LNG activities were offset by continued difficulties inmarketing and exploration and production.

April 16, 1999

Millennium, Southern Plan Extension to Power Plant

The Millennium Pipeline Project and Southern Energy New York,the company that manages Southern Energy’s New York assets, jointlyannounced Wednesday a plan to build an extension from the proposedMillennium Pipeline to the Bowline Power Plant in Rockland County,NY. The interconnect will be counted as an addition to Millenniumwhich still awaits FERC approval.

April 8, 1999

FPL, FGT Alliance Anchors Florida Pipeline Expansion

Where there’s new power generation these days, there usually isnatural gas. And Florida will add almost 11,000 MW of power overthe next eight years, according to a recent report by the state’sutilities. Power demand is soaring in the state, particularly inthe southwestern portion, where currently there are no gaspipelines. That’s going to change soon, however.

October 5, 1998
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