Latest Questar Corporation Stories
LONDON, April 16, 2013 /PRNewswire/ -- Natural gas prices fell to record low levels in 2012, thanks mainly to the shale boom in the U.S. The sharp drop in natural gas prices boosted demand, benefiting gas utilities such as ONEOK Inc. (NYSE: OKE), EQT Corporation (NYSE: EQT), Clean Energy Fuels Corp. (NASDAQ: CLNE), and Questar Corporation (NYSE: STR). Gas utilities, however, face significant challenges ahead as recent economic data suggests that the recovery in the U.S....
BUTTE, Mont., April 3, 2012 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) has filed an application with the Montana Public Service Commission to place the company's Battle Creek natural gas assets into rate base. NorthWestern Energy purchased the proven production field and gathering system in 2010 for $12.4 million as part of an overall strategy to provide rate stability and customer value through the addition of regulated assets that are not...
DALLAS, Feb. 1, 2012 /PRNewswire/ -- J-W Energy Company is pleased to announce the formation of J-W Midstream Company. This new entity will consolidate J-W Energy Company's midstream activities currently conducted by J-W Gathering Company, J-W Pipeline Company and Q-West Energy Company. J-W Midstream Company will have the goal of expanding J-W Energy Company's presence as a full-service provider of midstream services to the upstream natural gas sector. "J-W Midstream Company is...
HOUSTON, Dec. 8, 2011 /PRNewswire/ -- Cardinal Gas Storage Partners LLC announced today that its wholly-owned interstate natural gas storage subsidiary, Cadeville Gas Storage LLC (Cadeville), has executed a ten (10) year Precedent Agreement with Shell Energy North America (US), L.P. (Shell Energy) for Cadeville to construct a depleted reservoir storage facility in Ouachita Parish, LA near the Perryville/Delhi Hub in northeast Louisiana. The storage facility is expected to be in...
HOUSTON, May 31, 2011 /PRNewswire/ -- Cardinal Gas Storage Partners LLC ("Cardinal") announced today that it has acquired Monroe Gas Storage Company, LLC ("Monroe") as well as an option on development rights to an adjacent depleted natural gas reservoir (the "Option") from High Sierra Monroe, LLC, a wholly-owned subsidiary of High Sierra Energy, LP and certain other shareholders. The total consideration is approximately $148 million. Monroe is a FERC-regulated, high deliverability natural...
HOUSTON, Nov. 29, 2010 /PRNewswire/ -- A unit of NET Holdings Management, LLC ("NET") announced execution of a long-term, fee based Gas Transportation Agreement with Murphy Exploration & Production Company - USA. The agreement includes a 100,000 acre dedication in the dry gas window of the Eagle Ford Shale. Eagle Ford Midstream, LP, a wholly owned subsidiary of NET, will build a 110-mile gas pipeline that will initially deliver pipeline-quality gas to Tilden, Texas in McMullen County...
SALT LAKE CITY, Nov. 11, 2010 /PRNewswire/ -- Magnum Gas Storage, LLC, announced today that Michael McGarvey has joined the Company's management team as Vice President of Gas Storage Sales. In his new position, Mr. McGarvey will be responsible for the overall coordination, functional management and leadership of Magnum's gas storage marketing and sales activities and will lead development and execution of its marketing plan and sales strategy. Prior to joining Magnum, Mr. McGarvey served...
DENVER, July 9 /PRNewswire-FirstCall/ -- QEP Resources, Inc. (NYSE: QEP) (the "Company") today announced that it has commenced change of control offers to purchase any and all of each series of the Company's outstanding senior notes listed below: 7.50% Notes due 2011 6.05% Notes due 2016 6.80% Notes due 2018 6.80% Notes due 2020These offers to purchase are subject to the terms and conditions set forth in the Notice of Change of Control and Offer to Purchase Notes Statements dated July 9,...
DENVER, July 1 /PRNewswire-FirstCall/ -- QEP Resources, Inc. (NYSE: QEP) today announced the completion of the tax-free spin-off from Questar Corporation (NYSE: STR). Effective 11:59 p.m. Eastern Daylight Time on June 30, 2010, all of the shares of common stock of QEP Resources were distributed through a pro rata dividend to Questar shareholders. Each Questar shareholder received one share of QEP Resources common stock for each share of Questar common stock (including fractional shares)...
DENVER, June 29 /PRNewswire-FirstCall/ -- DCP Midstream, LLC today announced that it has acquired the Liberty gathering system and south Raywood processing plant from Ceritas Energy in Liberty County, Texas. The Liberty gathering pipeline system will interconnect with DCP Midstream's Centana Intrastate Pipeline (CIPCO) system in southeast Texas, which will provide additional flexibility and capacity to serve customers in this region. The acquisition includes approximately 36 miles of...
