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| NEWS | |
| Paladin Energy is the newest member among Pioneer's Producer Community. We look forward to Paladin joining the list of satisfied customers. | |
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| Founded
in 1990, Pioneer Gas Pipeline, Inc. is a provider of natural gas gathering,
transportation, and gas conditioning services on its owned and operated
pipeline systems. Pioneer takes pride in its history of performance. The producers who supply our systems with natural gas have been provided with services second to none within our industry. When comparing consistent run-time, accurate measurement, and customer service, Pioneer has earned a position among the elite, including the giants of the industry. Next to taking care of our existing customers, the company's primary focus is to identify areas that are under-served or locate system assets that are under-utilized and complete a negotiated transaction to acquire the assets and operations. Following the acquisition, Pioneer will improve operations and may strategically acquire surrounding assets that provide operational advantages such as increased throughput and greater service capacity. Today, Pioneer owns interests in, and operates 10 active gathering systems, located in 6 counties from Panola County in East Texas and as far west as Lea County, New Mexico. Revenues from managed assets have steadily climbed reaching nearly $20 million in 2002 from a combined throughput of approximately 25 MMcfd. Ancillary to those objectives, Pioneer also has interests in natural gas marketing and consulting activities. The company's personnel consists of 10 full-time employees and 3 part-time employees. Corporate offices are located in San Angelo, Texas with a satellite office in Midland, Texas. |
