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Article: Gas Gathering Agreement in Powder River Basin Coal Bed Methane Project Reached Between Pennaco Energy and TransMontaigne Unit, Bear Paw Energy Inc.
- Article from:
- Business Wire
- Article date:
- March 24, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER--(BUSINESS WIRE)--March 24, 1999--Pennaco Energy, Inc. (OTC BB: PNEG) and TransMontaigne Inc. (ASE: TMG) today announced the signing of a definitive agreement between Pennaco and Bear Paw Energy Inc. (BPEI), the natural gas services subsidiary of TransMontaigne, under which BPEI will construct, own and operate gas gathering systems in the Powder River Basin of northeastern Wyoming, and provide gathering and compression services to Pennaco in its highly active coal bed methane gas exploration and development program in the region.
The agreement covers the Pennaco "South Gillette" contract area approximately 10 miles south of Gillette, Wyoming, including ...
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