Undisclosed

Northern Border Enters Deal to Buy Midwestern Gas

Northern Border Partners L.P. has executed a definitiveagreement to purchase Midwestern Gas Transmission from El PasoCorp. for an undisclosed price. The sale is expected to close inthe second quarter of this year, subject to necessary approvals.

March 13, 2001

Industry Briefs

Enerplus Resources Fund, headquartered in Vancouver, paid C$104million for 100% of the outstanding shares of an undisclosedprivate Canadian pension resource corporation that owns producingoil and natural gas properties in Western Canada. The propertiesproduced approximately 2,650 boe/d in a three-month period endingSept. 30. The production included 1,740 bbl/d of crude oil andnatural gas liquids and 9,100 Mcf/d. Average third quarterproduction represents a 22% increase over Enerplus’ third quarteraverage of 12,014 boe/d. Total established reserves are 12,248 Mbblof crude oil and natural gas liquids and 70.7 Bcf, for a total of19,312 Mboe. The deal was funded through a combination of cash fromexisting credit facilities and the assumption of debt, whichtotaled 75% of the purchase price. The rest was financed withEnerplus Trust Units.

December 21, 2000

Crosstex Snags Tejas Line from Coral

Crosstex Energy Services announced it has purchased Tejas GasTransmission LLC, an indirect subsidiary of Coral Energy, for anundisclosed amount. Tejas owns the 484-mile Gulf Coast PipelineSystem, which transports about 120 MMcf/d of gas, and includes asupply and marketing team, called G C Marketing Co.

November 20, 2000

Crosstex Snags Tejas Line from Coral

Crosstex Energy Services announced it has purchased Tejas GasTransmission LLC, an indirect subsidiary of Coral Energy, for anundisclosed amount. Tejas owns the 484-mile Gulf Coast PipelineSystem, which transports about 120 MMcf/d of gas, and includes asupply and marketing team, called G C Marketing Co.

November 14, 2000

Industry Briefs

Avista Advantage, a subsidiary of Avista Corp., has completed aninvestment agreement for an undisclosed amount with Wayne, PA-basedEnerTech Capital Partners to help refine, expand and market theSpokane, WA-based company’s suite of facility cost managementservice offerings. The agreement completes Avista Advantage’s firstround of private equity financing. Gary G. Ely, Avista Corp.’sacting CEO, said the agreement “will focus new attention on thisimportant market segment, and create new value growth opportunitiesfor both companies.” EnerTech, one of the Safeguard Scientificsfunds, is based in Wayne, PA. It specializes in companies poisedfor growth through deregulation, targeting the convergence of theenergy, utility and telecommunications industries.

November 3, 2000

E-Trader Altra Energy Gets Financial Equity Boost from Conoco

Altra Energy Technologies Inc. got a financial boost last weekfrom Conoco Inc., which made an undisclosed equity investment inthe Houston-based electronic trading system. Conoco was alreadyusing Altra systems for some of its end-to-end natural gas andnatural gas liquids electronic trading and transaction processingand natural gas pipeline operations management systems.

July 24, 2000

E-Trader Altra Gets Financial Boost from Conoco

Altra Energy Technologies Inc. got a financial boost yesterday from Conoco Inc., which made an undisclosed equity investment in the Houston-based electronic trading system. Conoco was already using Altra systems for some of its end-to-end natural gas and natural gas liquids electronic trading and transaction processing and natural gas pipeline operations management systems.

July 21, 2000

Williams Takes Stake in Houston Street Exchange

Williams Energy Marketing & Trading is buying an undisclosedminority stake in Houston Street Exchange, a Web-based powertrading exchange that Williams believes will be actively taken upby the energy trading community.

March 13, 2000

Williams Takes Stake in Houston Street Exchange

Williams Energy Marketing & Trading is buying an undisclosedminority stake in Houston Street Exchange, a Web-based powertrading exchange that Williams believes will be actively taken upby the energy trading community.

March 8, 2000

Newfield Strengthens South TX Position

Newfield Exploration Co. said it would buy interests inproducing gas assets in south Texas from an undisclosed seller for$142 million. The producing gas fields are located in Hidalgo,Brooks and Kenedy counties. The effective date of the transactionis Jan. 1, 2000 and the deal is expected to close in late February.

February 8, 2000