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General Interest 2006 P4

  • 06/27/2006 -- ROC Oil to buy Apache oil production in China
    ROC Oil Co. Ltd., Sydney, has agreed to buy Houston-based Apache Corp.'s 24.5% interest in Zhao Dong Block in the Bohai Bay off China for $260 million in cash. The deal becomes effective July 1.
  • 07/17/2006 -- Millennium gas pipeline project faces delays
    Columbia Gas Transmission Corp. (CGT), a unit of NiSource Inc., and operator of the Millennium natural gas pipeline project, said it has informed the US Federal Energy Regulatory Commission that the anticipated Nov. 1, 2007, in-service date for the proposed Millennium Phase 1 project will be pushed back to Nov. 1, 2008.
  • 07/05/2006 -- Kerr-McGee, DOI to mediate deepwater relief
    Kerr-McGee Corp. and the US Department of the Interior agreed June 30 to mediate their disagreement over deepwater royalty relief. They also agreed to ask a federal court to postpone entry of a scheduling order in Kerr-McGee's lawsuit against DOI while mediation is under way.
  • 07/13/2006 -- Alaskan lawmakers meeting on gas pipeline
    Alaska's legislature convened in special session in Juneau July 12 to discuss issues about partial state ownership of a proposed pipeline to carry gas from the North Slope to the Lower 48.
  • 07/26/2006 -- Alaska lawmakers asked to consider pipeline spur
    Alaska Gov. Frank H. Murkowski has expanded the call of the legislative special session now under way to study the feasibility of a natural gas spur line to south-central Alaska from the proposed Alaska gas pipeline.
  • 07/10/2006 -- Bill Barrett names Jaggers COO, president
    Bill Barrett Corp. has appointed Joseph N. Jaggers chief operating officer and president.
  • 07/24/2006 -- Exco Resources to buy Winchester Energy
    Exco Resources Inc., Dallas, plans to buy Winchester Energy and its associated gas businesses from Progress Energy, Raleigh, NC, for $1.2 billion. All of the assets being acquired are in East Texas and Louisiana.
  • 07/06/2006 -- ConocoPhillips buys Rockies Express stake
    ConocoPhillips has exercised an option to acquire a 24% interest in the proposed $4.4 billion Rockies Express gas pipeline now and an additional 1% when construction of the system is completed in June 2009.
  • 07/10/2006 -- Anadarko to sell Canadian LNG terminal project
    Private equity firm US Venture Energy is buying Anadarko Petroleum Corp.'s wholly owned subsidiary Bear Head LNG Corp. for $125 million. Bear Head is developing a receiving terminal at Point Tupper, NS.
  • 07/21/2006 -- Plains to buy product pipelines from Chevron
    A unit of Plains All American Pipeline LP, Houston, has agreed to acquire three refined products pipeline systems in Texas and New Mexico from Chevron Pipe Line Co. for $65 million. The transaction is expected to close in August.
  • 07/27/2006 -- ATP increases deepwater Gulf of Mexico assets
    ATP Oil & Gas Corp., Houston, has acquired a 100% interest in one block and increased its stake in two other blocks in the Mississippi Canyon and Atwater Valley areas in the deepwater Gulf of Mexico.
  • 07/26/2006 -- Oxy, Ecopetrol study EOR at La Cira-Infantas
    State-owned Ecopetrol selected a unit of Occidental Petroleum Corp. from among eight companies in late 2005 to implement enhanced oil recovery in giant La Cira and Infantas oil and gas fields in the Middle Magdalena Valley basin.
  • 09/08/2006 -- Sakhalin-1 oil export system commissioned
    An international consortium led by Exxon Neftegas Ltd. has announced the commissioning of the oil export system for the multiphase Sakhalin-1 project off Eastern Russia.
  • 09/14/2006 -- Interior lashed in hearing on price-threshold omissions
    Omission of price thresholds from federal deepwater Gulf of Mexico leases issued in 1998 and 1999 and subsequent inaction likely resulted from "bureaucratic bungling," the US Department of the Interior's inspector general (IG) told a congressional subcommittee on Sept. 13.
  • 09/06/2006 -- US lawmakers: gulf oil find shows need for legislation
    Congressional energy leaders said that the massive oil discovery reported in the deepwater Gulf of Mexico on Sept. 5 demonstrates the need to open more of the region to oil and gas leasing and development (OGJ Online, Sept. 5, 2006).
  • 09/28/2006 -- NGSA forecasts higher gas production, lower prices this winter
    A dramatic natural gas market recovery following last year's two major Gulf Coast hurricanes points to higher production and lower prices in the 2006-07 winter heating season, the Natural Gas Supply Association said on Sept. 28.
  • 09/08/2006 -- Brooks Range names vice-president of land
    Brooks Range Petroleum has appointed Jim Winegarner vice-president of land and external affairs.
  • 09/05/2006 -- Woodside subsidiary bids for Energy Partners
    Woodside Petroleum Ltd.'s wholly-owned subsidiary, ATS Inc., began its $880 million tender offer in a takeover bid for Energy Partners Ltd. (EPL) of New Orleans, which planned to merge with Stone Energy Corp., Lafayette, La.
  • 09/20/2006 -- Chaparral Energy to acquire Calumet Oil
    Chaparral Energy Inc. plans to acquire Calumet Oil Co. and certain affiliates for $510 million.
  • 09/26/2006 -- Murphy agrees to settle Katrina spill case
    Murphy Oil USA Inc. has entered into a memorandum of understanding (MOU) to settle for a reported total of $330 million a class action lawsuit covering a hurricane-related oil spill at its 125,000-b/d Meraux, La., refinery.
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