ATMOS ENERGY: Posts $434T Environmental-Related Costs at June 30

Atmos Energy Corporation recorded environmental costs of US$434,000 as of June 30, 2011, compared with US$805,000 as of Sept. 30, 2010.

Headquartered in Dallas, Atmos Energy Corporation’s subsidiaries are engaged primarily in the regulated natural gas distribution and transmission and storage…

McDERMOTT INT’L: Reserves $900T at June 30 for Envt’l. Matters

McDermott International, Inc. had total environmental reserves of US$900,000 at June 30, 2011, of which US$400,000 was included in current liabilities.

The Company has been identified as a potentially responsible party at various cleanup sites under the Comprehensive Environmental Response, Compensation,…

McDERMOTT INT’L: Recovered $2M June 30 Envt’l. Reserves for TNG

McDermott International, Inc., during the quarter ended June 30, 2011, recovered US$2 million of environmental reserves associated with the April 2006 sale of its former Mexican subsidiary, Talleres Navales del Golfo, S.A. de C.V. (TNG).

TNG was reported as a discontinued…

McDERMOTT INT’L: Still Facing Declaratory Judgment Claim in La.

Certain of McDermott International, Inc.’s subsidiaries are subject to an environmental-related declaratory judgment action in Louisiana court.

On or about Aug. 23, 2004, a declaratory judgment action entitled Certain Underwriters at Lloyd’s London, et al. v. J. Ray McDermott, Inc. et…

HALLIBURTON CO: Accrues $46MM at June 30 for Envt’l. Liabilities

Halliburton Company’s accrued liabilities for environmental matters were US$46 million as of June 30, 2011 and US$47 million as of Dec. 31, 2010.

The Company’s Health, Safety and Environment group has several programs in place to maintain environmental leadership and to…

CHESAPEAKE ENERGY: Subject to PADEP Actions on Methane Migration

Chesapeake Energy Corporation is facing enforcement actions initiated in the 2010 fourth quarter and 2011 first quarter by the Pennsylvania Department of Environmental Protection related to alleged methane migration into the groundwater and residential water wells and by the U.S.…

CHESAPEAKE ENERGY: Responds to DEP NOV on Bradford Well Incident

Following a well control incident in Bradford County, Pa., on April 20, 2011, Chesapeake Energy Corporation voluntarily suspended well completion operations in the state and has responded to a notice of violation issued by the Pennsylvania Department of Environmental Protection.

The…

McDERMOTT INT’L: Reserves $2.9MM for Envt’l. Matters at March 31

McDermott International, Inc. had total environmental reserves of US$2.9 million at both March 31, 2011 and Dec. 31, 2010, of which US$2.4 million was included in current liabilities.

Inherent in the estimates of those reserves and recoveries are the Company’s expectations…

McDERMOTT INT’L: Units Still Subject to Insurance Action in La.

Certain of McDermott International, Inc.’s subsidiaries are involved in an environmental-related declaratory judgment action entitled Certain Underwriters at Lloyd’s London, et al. v. J. Ray McDermott, Inc. et al.

The suit was filed on or about Aug. 23, 2004, by certain…

EL PASO CORP: Estimates $40MM Remediation Expenditures for 2011

El Paso Corporation, for 2011, estimates that its total remediation expenditures will be about US$40 million, most of which will be expended under government directed clean-up plans.

Included in the Company’s recorded environmental liabilities are projects where it has received notice…

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