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El Paso Natural Gas should not be permitted to give only partial reservation credits to shippers whose natural gas deliveries have been interrupted due to a scheduled maintenance event on the pipeline, a group of producers and marketers said.

Magnum Hunter Resources Inc., whose oil and gas activities have focused on traditional exploration in the heart of the U.S. oil patch and offshore in the Gulf of Mexico, has established a new core area in the San Juan Basin, with plans to exploit an area of nearly 6 million acres through a joint coalbed methane (CBM) venture.

Magnum Hunter Resources Inc., whose oil and gas activities have focused on traditional exploration in the heart of the U.S. oil patch and offshore in the Gulf of Mexico, has established a new core area in the San Juan Basin, with plans to exploit an area of nearly 6 million acres through a joint coalbed methane (CBM) venture.

Edge Petroleum Corp., whose gas-rich operations up to now have been centered on the onshore Gulf Coast and northern Rocky Mountains, on Tuesday expanded its focus with an agreement to explore an area of southeastern New Mexico’s Permian Basin with partners Pure Energy Group and Chisos Ltd. The area of mutual interest (AMI) agreement covers all of Eddy and Lea counties, as well as a portion of southern Chaves County, where Pure and Chisos own approximately 47,000 gross (27,000 net) acres.

A Waltham, MA-based company whose technology for detecting land mines is being used in Iraq and Afghanistan has adapted the technology for commercial use to pinpoint the location of both metal and plastic underground natural gas pipelines in an effort to cut down on the incidents of third-party damage, according to the Department of Energy (DOE).

A Waltham, MA-based company whose technology for detecting land mines is being used in Iraq and Afghanistan has adapted the technology for commercial use to pinpoint the location of both metal and plastic underground natural gas pipelines in an effort to cut down on the incidents of third-party damage, according to the Department of Energy (DOE).

Denver-based United States Exploration Inc. (UXP), whose oil and gas assets are concentrated in northeastern Colorado, Tuesday said it is considering selling some assets to increase the value and liquidity of the company.

The Process Gas Consumers (PGC), representing end users whose processes require the use of natural gas, has advised FERC Chairman Pat Wood it is “strongly” opposed to the federal government taking a hand in the price reporting process for natural gas, which is currently performed by independent publishers (such as NGI).

Warren Buffett, the “Omaha Oracle” whose knack for investment risk has turned a mighty profit for believers, added another energy company to his hefty portfolio on Friday, as Buffett’s Berkshire Hathaway Inc. and Credit Suisse First Boston (CSFB) agreed to loan cash-poor CenterPoint Energy Inc. $1.31 billion. The three-year loan, which carries a 12.75% interest rate, ensures CenterPoint will make a Nov. 15 deadline to pay off a $400 million facility, and more important, allow it to maintain a $4.7 billion credit facility.