TECO BOOSTS HOLDINGS IN COALBED GAS

TECO Energy Inc., Tampa, Fla., has substantially increased its stake in the coalbed methane play in Alabama's Black Warrior basin, buying interests in two projects from Gulf States Paper Corp., Tuscaloosa, Ala. TECO Coalbed Methane Inc. acquired $19 million in coalbed methane development assets, including Gulf States' working, royalty, and other interest in more than 400 wells, of which 375 are on production. Total flow averages more than 50 Mmcfd. The purchase increases TECO

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