Wholly

Encore Energy Partners LP is to become a wholly owned subsidiary of Vanguard Natural Resources LLC’s operating company, Vanguard Natural Gas LLC, through a unit-for-unit exchange that would give Vanguard the rest of Encore it doesn’t already own, the companies said Monday.

Enterprise Products Partners LP (EPD) and Enterprise GP Holdings LP (EPE) agreed last week to merge in an $8 billion deal that would combine EPE with a wholly owned subsidiary of EPD. The combination would capital costs and simplify the partnership structure, they said.

Enterprise Products Partners LP (EPD) and Enterprise GP Holdings LP (EPE) have agreed to merge in an $8 billion deal that would combine EPE with a wholly owned subsidiary of EPD, the parties said Tuesday. The combination is aimed at reducing capital costs and simplifying the partnership structure, they said.

FERC Friday gave the environmental go-ahead for Golden Triangle Storage, a wholly owned subsidiary of Atlanta-based AGL Resources, to build a 16 Bcf high-deliverability natural gas storage facility in Jefferson and Orange counties, TX.

FERC Friday gave the environmental go-ahead for Golden Triangle Storage, a wholly owned subsidiary of Atlanta-based AGL Resources, to build a 16 Bcf high-deliverability natural gas storage facility in Jefferson and Orange counties, TX.

The Abu Dhabi National Energy Co. (TAQA) announced that its wholly owned Canadian subsidiaries, TAQA North Ltd. and 1350849 Alberta Ltd., have entered into an agreement to acquire all issued and outstanding trust units and exchangeable shares of Calgary-based PrimeWest Energy Trust for cash consideration of C$26.75/unit, or approximately C$5 billion on a fully diluted basis. The transaction, subject to regulatory approval and adjustments, is expected to close by the end of November.

The Abu Dhabi National Energy Company (TAQA) announced Monday that its wholly owned Canadian subsidiaries, TAQA North Ltd. and 1350849 Alberta Ltd., have entered into an agreement to acquire all issued and outstanding trust units and exchangeable shares of Calgary-based PrimeWest Energy Trust for cash consideration of C$26.75/unit, or approximately C$5 billion on a fully diluted basis. The transaction, subject to regulatory approval and adjustments, is expected to close by the end of November.

Houston-based Aspen Pipeline LP and Texas Independent Energy, a wholly owned subsidiary of Public Service Enterprise Group Inc. (PSEG), said they have signed a memorandum of understanding that could lead to the development of a Texas intrastate pipeline that would deliver high-nitrogen gas production to a 1,000 MW power plant operated by Texas Independent Energy near Odessa, TX. The pipeline would have a capacity to deliver about 50,000 Dth/d of gas from the Yates formation in Gaines, Andrews, Ector and Winkler counties in West Texas. “The Yates formation is approximately 3,000 feet in depth and production of the gas can be viewed as an advantageous market fuel source for Texas Independent Energy in concert with supporting additional exploration and production opportunities for the producer in the region,” said Russ Bourquein, managing general partner of Aspen. For more information on the project contact Bourquein at (713) 554-4476.

Enterprise Products Partners LP announced last Tuesday that its affiliate Enterprise Gas Processing LLC purchased Piceance Creek Pipeline LLC from EnCana Oil & Gas (USA) Inc., a wholly owned subsidiary of EnCana Corp., for an undisclosed amount.