DEVON ENERGY: Records $1M in Noncurrent Accrued Liabilities

Devon Energy Corporation’s balance sheet for the annual period ended Dec. 31, 2008, included US$1 million of noncurrent accrued liabilities, reflected in other liabilities, related to environmental remediation liabilities.

Certain of Devon’s subsidiaries acquired in past mergers are involved in matters…

MAGELLAN MIDSTREAM: Records $41.8M Envtl. Liabilities at 3Q08

Magellan Midstream Holdings, L.P., at Sept. 30, 2008, recorded liabilities totaling US$41.8 million for estimated environmental costs, compared with US$57.6 million at Dec. 31, 2007.

The Company said that its environmental liabilities have been classified as current or noncurrent based on…

MAGELLAN MIDSTREAM: Talks on Ammonia Leaks at MMP Line Continue

Magellan Midstream Holdings, L.P. reports that Magellan Midstream Partners, L.P. (MMP) remains in discussions with the Environmental Protection Agency, the Department of Justice and a third-party operator on matters related to two releases of ammonia at an MMP pipeline.

The Company…

MAGELLAN MIDSTREAM: MMP Petroleum Leaks Disputes Settled in 2Q08

Magellan Midstream Holdings, L.P. reports that in September 2008, Magellan Midstream Partners L.P. (MMP) paid a US$5.3 million penalty to settle disputes with the Environmental Protection Agency over petroleum discharges from its pipeline operations.

In July 2001, the Environmental Protection Agency,…

ENCON INT’L: To Continue Cleanup of Cherokee County Mine Waste

KANSAS CITY, Kansas — October 16, 2008 — The U.S. Environmental Protection Agency has selected Encon International, Inc., of El Paso, Texas, to continue the cleanup of mine waste in Cherokee County, Kans., specifically around the cities of Baxter Springs…

CAL MAINE FOODS: Still Facing Suit on Ill. Watershed Pollution

Cal-Maine Foods, Inc. continues to face a suit alleging pollution of the Illinois River Watershed from the disposal of chicken litter.

On June 18, 2005, the State of Oklahoma filed suit, in the U.S. District Court for the Northern District of…

DEVON ENERGY: Accrues $2M in Liabilities for Remediation Actions

Devon Energy Corporation, as of June 30, 2008, recorded US$2 million of accrued liabilities, reflected in other long-term liabilities, related to environmental remediation.

Certain of Devon’s subsidiaries are named potentially responsible parties (PRPs) under the Comprehensive Environmental Response, Compensation, and Liability…

PEABODY ENERGY: Records $41.5M Costs for Environmental Cleanup

Peabody Energy Corporation, as of June 30, 2008, has recorded undiscounted liabilities of US$41.5 million for environmental cleanup-related costs from claims wherein its subsidiary Gold Fields Mining, LLC has been named a potentially responsible party.

Of the US$41.5 million liabilities, US$5.2…

PEABODY ENERGY: Gold Fields Still Facing 2 Class Suits in Okla.

Peabody Energy Corporation reported in its latest Quarterly Report on Form 10-Q that Gold Fields Mining, LLC and two other companies remain defendants in two class action lawsuits allegedly involving past operations near Picher, Okla. All of the lawsuits are…

ONEOK INC: Still Liable for Conditions at 12 Kansas Gas Sites

ONEOK, Inc. continues to have legal responsibility for the environmental conditions at 12 former manufactured gas sites in Kansas, the Company reported in its latest Quarterly Report for the period ended June 30, 2008.

These sites contain potentially harmful materials…

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