Chesapeake Midstream Partners, L.P. (NYSE:CHKM) has scheduled its 2011 fourth quarter financial results to be released after the close of trading on the New York Stock Exchange on Tuesday, February 28, 2012. The Partnership has also scheduled a conference call to discuss the results for Wednesday, February 29, 2012 at 9:00 a.m. EST. The telephone number to access the conference call is 719-325-4835 or toll-free 877-545-1403. The passcode for the call is 3415504. We encourage those who would like to participate in the call to dial the access number between 8:50 and 9:00 a.m. EST. For those unable to participate in the conference call, a replay will be available for audio playback from 12:00 p.m. EST on February 29, 2012 through 12:00 p.m. EST on March 14, 2012. The number to access the conference call replay is 719-457-0820 or toll-free 888-203-1112. The passcode for the replay is 3415504. The conference call will also be webcast live on the Internet and can be accessed by going to the Chesapeake Midstream Partners website at www.chkm.com in the “Events” subsection of the “Investors” section of the website. An archive of the conference call webcast will also be available on the website.
Chesapeake Midstream Partners, L.P. owns, operates, develops, and acquires natural gas gathering systems and other midstream energy assets in the United States.
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Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company’s ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
Biomass is a clean renewable energy resource derived from the waste of various human and natural activities. It excludes organic material which has been transformed by geological processes into substances such as coal or petroleum. The energy of biomass is extracted from distinct sources:
o Wood
o Waste
o Alcohol fuels
o Crops
o Landfill gases
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Buckeye Partners, L.P. (NYSE:BPL) announced that Clark C. Smith, Buckeye’s President and Chief Operating Officer, has been elected to succeed Forrest E. Wylie as Buckeye’s Chief Executive Officer and has been appointed to fill a newly-created seat on the Board of Directors of Buckeye’s general partner (the “Board”), each effective as of February 10, 2012. Mr. Wylie will continue to serve as Non-Executive Chairman of the Board, where he will remain active in developing Buckeye’s strategic vision. Mr. Smith will retain the office of President of Buckeye, in addition to his new role as Chief Executive Officer.
Buckeye Partners, L.P. owns and operates refined petroleum products pipeline systems in the United States.
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Cabot Oil & Gas Corporation (NYSE:COG) announced that in the fourth quarter of 2011 the Company realized over $3.90 per Mcf for its Marcellus gas in Northeast Pennsylvania. This price is the result of the market price for the gas that averaged approximately $3.18 per Mcf and the hedged gas price of over $5.17 per Mcf, which covered 215 Mmcf per day of production. For January, the market price for the gas sold is approximately $3.00 per Mcf, and when combined with hedges covering about half of the daily volumes at $5.20 per Mcf, the overall Marcellus realization is in excess of $4.00 per Mcf. January is the first month for deliveries to Transco that includes sales of over 200 Mmcf per day at pricing that exceeds traditional Tennessee Gas pricing. This will help temper negative swings in price for Cabot’s Marcellus.
Cabot Oil & Gas Corporation operates as an independent oil and gas company in the United States.
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