Shutdown threats slam Paramount trust units

Article Abstract:

Clay Riddle, the chairman and chief executive officer of Paramount Energy Trust, has lost $91 million in share value of stock he owns in his company. Paramount, which is a producer of natural gas, may have many of its wells closed by government regulators.

Legal issues & crime, Government regulation (cont), Government regulation, Natural Gas, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Executive changes & profiles, Legal/Government Regulation, Officials and employees, Laws, regulations and rules, Riddle, Clay, Paramount Energy Trust

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Enbridge IPO to establish income trust

Article Abstract:

Calgary, Alb.-based Enbridge Inc. has announced plans for an initial public offering that will include a portion of its assets. Enbridge, which is the second largest pipeline operator in Canada, is expected to earn about $350 million in the deal.

Transportation, TRANSPORTATION SERVICES, Support Activities for Transportation, Pipe lines, Pipelines, Transportation industry, Enbridge Inc.

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ACE to pull trigger on Jazz trust

Article Abstract:

Air Canada's parent company ACE Aviation Holdings Inc. is planning sell outs its fifteen percent stake in regional Jazz airline by creating an income trust worth one billion dollars. Complete details of the share sellout are discussed.

United States, Securities issued, listed, Air Transportation, Scheduled, And Air Courier Services, Company investment, Investments, Airlines, Securities, Company securities, Jazz Air, ACE Aviation Holdings Inc., ACE.RV

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