
Twin Butte is an oil and gas exploration, development, and production company that has assets on more than 150,000 net acres in the Western Canadian Sedimentary Basin. Its half-a-dozen properties, located in Alberta and British Columbia, have proved net reserves of 23,212 MMcf (million cubic feet) of natural gas and 1,528 Mbbl (thousand barrels) of light and medium oil (in fiscal year 2008); it produces more than 2,700 barrels of oil equivalent per day. Twin Butte traces its roots back to 1997. Twin Butte Energy Ltd. intends to focus future growth in the Deep Basin areas of Ansell and Jayar, and the conventional heavy oil area of Frog Lake. Both of these areas provide repeatable plays on our current lands with lower risk wells at Frog Lake and strong, long life growth potential in the Deep Basin.

TC PipeLines, LP is a United States growth-oriented Master Limited Partnership (MLP). It was formed by TransCanada PipeLines Limited to acquire, own and actively participate in the management of United States based natural gas pipelines and related assets. TC PipeLines, LP owns a 46.45 per cent interest in Great Lakes Gas Transmission Limited Partnership, which owns a 2,115-mile interstate pipeline system that transports gas from Emerson on the Manitoba-Minnesota border to St. Clair on the Michigan-Ontario border. It also owns a 50 per cent interest in Northern Border Pipeline Company, which owns a 1,249-mile interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to markets in the midwestern United States. The third investment is a 100 per cent interest in Tuscarora Gas Transmission Company, which owns a 240-mile interstate pipeline system that transports natural gas from Oregon, where it interconnects with TransCanada's Gas Transmission Northwest System, to northern Nevada. The fourth investment is a 100 per cent interest in North Baja Pipeline, LLC, which owns an 80-mile pipeline system that transports natural gas from Southwestern Arizona to a point on the California/Mexico border and connects with a natural gas pipeline system in Mexico. Our general partner is TC PipeLines GP, Inc., an indirect wholly-owned subsidiary of TransCanada Corporation. TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas pipelines, power generation, gas storage facilities, and projects related to oil pipelines. TransCanada's network of wholly owned pipelines extends more than 36,500 miles, tapping into virtually all major gas supply basins in North America. TransCanada is one of the continent's largest providers of gas storage and related services with approximately 370 billion cubic feet of storage capacity. A growing independent power producer, TransCanada owns, or has interests in, over 10,900 megawatts of power generation in Canada and the United States. TransCanada's common shares trade on the Toronto and New York stock exchanges under the symbol TRP. TransCanada is the operator of all four of our pipeline systems.

Mullen Group has mulled over its future and has decided it is about oil field services and trucking. Mullen Group Ltd. oil field services unit moves overweight and oversized equipment, such as drilling rigs, for the oil and gas industry in Western Canada. Mullen Group Ltd. also transports heavy oil and offers drilling, production, and pipeline services. Mullen's trucking unit provides truckload and less-than-truckload (LTL) freight transportation in Canada, Mexico, and the US. (Mullen has acquired more than 20 companies since 2002, including its nearly $1 billion purchase of Producers Oilfield Services). Mullen Group Ltd. reorganized from an income trust into a traditional corporation in 2009 to allow for greater financial flexibility.

Energy Transfer Equity, L.P., through its direct and indirect investments in the limited partner and general partner interests in Energy Transfer Partners, L.P., engages in midstream, intrastate, and interstate transportation of natural gas, as well as in storage of natural gas in the United States. The companys Intrastate Transportation and Storage segment engages in the ownership and operation of natural gas transportation pipelines and natural gas storage facilities. As of December 31, 2009, it owned and operated approximately 7,800 miles of natural gas transportation pipelines and 3 natural gas storage facilities. This segment sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies on the Houston pipeline system. Its Interstate Transportation segment involves owns and operates interstate natural gas pipeline. It owned and operates approximately 2,700 miles of interstate natural gas pipeline with an additional 180 miles under construction. The companys Midstream segment engages in the ownership and operation of in service natural gas gathering pipelines, natural gas processing plants, natural gas treating facilities, and natural gas conditioning facilities. This segment owned and operated approximately 7,000 miles of in service natural gas gathering pipelines, 3 natural gas processing plants, 11 natural gas treating facilities, and 11 natural gas conditioning facilities. Its Retail Propane segment operates a retail distribution network consisting of approximately 440 customer service locations in approximately 40 states. The company was formerly known as La Grange Energy, L.P. Energy Transfer Equity, L.P. was founded in 2002 and is based in Dallas, Texas.

Cimarex Energy's energy is devoted to oil and gas exploration and production. The independent is focusing its operations on the Midcontinent, Gulf Coast, Permian Basin, and Gulf of Mexico. Cimarex Energy Co. reported proved reserves in 2008 of about 1.1 trillion cu. ft. of natural gas and 45.2 million barrels of oil and natural gas liquids. Cimarex Energy participated in drilling 450 gross wells (about 280 net) during 2008. That year company-operated wells accounted for 83% of its total proved reserves and some 81% of it total production (of 22,940 barrels of oil per day).

Enterprise Products Partners L.P. was founded in 1968 and is based in Houston, Texas.Enterprise Products Partners is the leading player in the North American natural gas, natural gas liquids (NGL), and crude oil industries, with a range of processing, transportation, and storage services. Operations include natural gas processing, NGL fractionation, petrochemical services, and crude oil transportation. The hub of the company's business is Houston's Mont Belvieu refinery complex. In a major expansion move, in 2009 the company acquired rival TEPPCO Partners L.P. As a result, Enterprise has 48,000 miles of pipelines, and 200 million of crude of crude oil, refined products and NGL storage capacity. Chairman Dan Duncan holds a 34.5% stake in Enterprise.

Anadarko Petroleum has ventured beyond its original area of operation -- the Anadarko Basin -- to explore for, develop, produce, and market oil, natural gas, natural gas liquids, and related products worldwide. The large independent company has proved reserves of 1 billion barrels of crude oil and 8 trillion cu. ft. of natural gas, more than 70% of which are located in the Continental US. Other activities include coal, trona, and mineral mining. Anadarko operates seven gas-gathering systems in the mid-continent. Internationally, Anadarko Petroleum Corporation has substantial oil and gas interests in Algeria's Sahara Desert, Venezuela, and western Canada.

U.S. Oil Co., Inc. supplies refined oil products to US residents in the Midwest, and does a lot more. In addition to the wholesale distribution of oil products (its largest revenue generator), the company operates gas stations, and installs gas pumps, tanks, and other petroleum-related equipment. U.S. Oil Co., Inc. also provides plumbing and HVAC services, operates a research laboratory for environmental analysis, collects used waste oil to be processed into burner fuel, and has a metal custom manufacturing unit.Smitten with the oil distribution business, the founding Schmidt family owns and operates U.S. Oil Co.

Diaz is an oil and gas exploration and development company with land holdings and production in Canada and the United States. Diaz Resources Ltd. principal business is the exploration for and marketing of natural gas with the majority of the Company's revenue being generated from gas production in Alberta and Texas. Diaz Resources Ltd. also explores for hydrocarbons in Saskatchewan. Diaz Resources has exploration operations in the Deep Wilcox Trend of Texas and in the Harmattan area of Alberta. Diaz Resources Ltd. is also involved in a shallow gas infill program at the Enchant and Retlaw areas of Alberta. In 2006 Diaz Resources Ltd. reported proved and probable reserves of 27.8 billion cu. ft. of natural gas and 437,000 barrels of oil and condensate. Diaz Resources Ltd. current focus is on the development of a heavy oil pool near Lloydminster, Alberta, and oil exploration in Alberta and Saskatchewan.

The Williams Companies, Inc., through its subsidiaries, engages in finding, producing, gathering, processing, and transporting natural gas primarily in the United States. The company operates in four segments: Exploration and Production, Gas Pipeline, Midstream Gas and Liquids, and Gas Marketing Services. The Exploration and Production segment produces, develops, and manages natural gas reserves primarily located in the Rocky Mountain and Mid-Continent regions of the United States. It also owns interests in the oil and gas properties located in Argentina, Canada, Venezuela, and Colombia. As of December 31, 2009, the company had 42 gross wells in the process of being drilled. The Gas Pipeline segment owns and operates a 10,100-mile natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Pennsylvania, and New Jersey to the New York City metropolitan area. This segment also owns and operates a 3,900 miles of natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington. The Midstream Gas and Liquids segment engages in gathering, treating, and processing natural gas; fractionating, storing, and transporting natural gas liquids (NGLs); and oil transportation. It produces NGLs, ethylene, and propylene, which are used primarily for the manufacture of plastics, home heating, and refinery feedstock. The Gas Marketing Services segment manages various natural gas-related contracts, such as transportation, storage, and related hedges, and provides services to third-parties, such as producers and natural gas processors. The company was founded in 1908 and is based in Tulsa, Oklahoma.
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