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Statement On The Panhandle Eastern Pipeline

By: Clint Jhonson Home | Business | Sales


This company operates a 6,500-mile system with the required access to various supply sources that are likely to be needed too: this pipeline together with the northwest pipeline can deliver more than 2.8 Bcf/d of the entire natural gas that is likely to reach the Midwest and even the East Coast markets. Tie-ins are also to be found when it comes to Chicago and Cincinnati, cities that have added to the ordinary Midwest customer markets; this American base is likely to include some of the nation's largest and regular utility and even industrial gas users. The entire company tries to lead the way in order to offer competitive rates and one is also likely to observe the constantly evolving array when it comes to the customer-friendly service functions and options. Storage facilities are also likely to be provided thanks to the existence of this panhandle eastern pipeline; all its functions are likely to be dependant on the existing customer market.

This company is a customer focused one that tries to include even rapid response from different knowledgeable account personnel; skilled operations analysts are also to be found among these professional services that are likely to help the clients in order to take full advantage of all their existing advantages. The customer can also find a dedicated customer service team that ties to focus on the individualized markets in order to plan all its services in a careful manner. This company has recently announced the fact that it has extended the usual expiration date when it comes to its cash tender offers; these tender offers are also likely to be subjected to certain terms and even legal conditions. They are also likely to include the condition that states the fact that the panhandle eastern pipeline and the company that deals with its administration will obtain quite sufficient financing when it comes to paying the existing consideration that is likely to be payable in the ordinary tender offers.

Even the consideration payable when it comes to the redemption of two different series that is to be considered as belonging to the Company's outstanding debentures. Other than the usual extension of the implied expiration date, all the existing terms and even legal conditions of these tender offers that have been set forth in this presented offer to purchase are likely to remain unchanged. But one should pay attention to the fact that this press release is not to be regarded as a sort of substitute when it comes to an offer to purchase; the panhandle eastern pipeline has stated the fact that the solicitation itself when it comes to an offer to sell is to belong to a sell notification. All these present offers are made by this offer to purchase that was dated July 9, 2003.

This company, namely the northwest pipeline has been engaged in the regular transportation and even distribution of the natural gas. Through its local and territorial distribution companies, his company also serves one million gas end-user people who live in Missouri, Rhode Island, Pennsylvania and Massachusetts. This release together with other company official statements and reports issued or even made from time to time are likely to contain the so-called "forward-looking statements" that are likely to concern the projected future financial experiments and performance; a regular customer can also expect to different future plans or even future operations and replacements. The northwest pipeline cautions that can actually result may end up in several developments that are likely to differ materially from other such projections or even official expectations.

One should also consider the fact that important factors are likely to cause actual results that are likely to differ quite materially from the previous or the forward-looking ones. These factors can actually include, but they are not to be considered as limited to, the well known and always surprising customer growth, the gas throughput when it comes to its volumes and even available sources of gas, the abnormal weather circumstances and conditions that are to be found on that particular service territory, new legislation or even new government regulations that are likely to be affect or involve the panhandle eastern pipeline, the company's ability in order to comply with when it comes to challenge existing or even new environmental regulations, the expected outcome when it comes to pending and future litigation, the permanent impact of various relations when it comes to labor unions that are related to the bargaining-unit special union of employees, the strong impact when it comes to future rate cases and even regulatory rulings.



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The northwest pipeline is a national system that deals with the constant delivery of the natural gas together with the panhandle eastern pipeline


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