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Dominion buys Louis Dreyfus
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Dominion, a Virginia-based company with a 22,000-megawatt
generation portfolio and natural gas holdings, will acquire Louis
Dreyfus Natural Gas in Oklahoma City in a $2.3 billion cash and stock
transaction, it was announced Monday.
The acquisition will increase Dominion's natural gas reserves by
60 percent and expand its energy trading business. When the purchase
is completed, Dominion's E&P unit will own more than 4.6 trillion
cubic feet equivalent of proved reserves, an increase of m...
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; ... brighter over the next 15 years. The good news: "Natural gas is the fuel of the future ... residential uses also is growing." The bad news: The energy industry does not have enough ... burdens must be removed." There is good news amid the bad, he said, in that the United ...
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Virginia Firm to Buy Louis Dreyfus Natural Gas Corp.
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; By Russell Ray, Tulsa World, Okla. Knight Ridder/Tribune Business News Sep. 11--It is the third billion-dollar-plus energy takeover in the past month. Nowadays, it seems, companies with a significant ...
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Louis Dreyfus agrees to end contract for about $44 million
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; OKLAHOMA CITY (JR) -- Louis Dreyfus Natural Gas on Monday said it has agreed to terminate a fixed-price natural gas contract for about $44 million. The contract called for Oklahoma City-based Louis Dreyfus to sell 6 billion cubic feet annually through 2007 to an independent power producer that
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Louis Dreyfus closes merger with American Exploration
The Journal Record
; OKLAHOMA CITY (JR) -- The merger of American Exploration into Louis Dreyfus Natural Gas was completed Tuesday after approval by the shareholders of both companies. The combined entity has total proved oil and gas reserves of over 1.2 trillion cubic feet of natural gas equivalents comprised of about
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Dominion to Buy Natural Gas Firm
The Washington Post
; Dominion Resources Inc., the Richmond-based energy holding company that owns Virginia's largest electricity supplier, said yesterday that it will buy an Oklahoma natural gas company for $2.3 billion, a transaction that would boost its gas reserves by 60 percent. The purchase of Louis Dreyfus
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