Page 10 - NorthAmOil Week 35 2022

NorthAmOil NEWS IN BRIEF NorthAmOil

Cunningham Energy, which would result in a utility service from great Hope Gas employees DOWNSTREAM
significant increase in the company’s assets for all located in West Virginia. As we build out
the year ending December 31,2022. the local operation, we plan to aggressively ClearSign Technologies
HOUSTON NATURAL RESOURCES, August 31, hire in the state by adding jobs that will
2022 fuel the health of our local West Virginia receives follow on
communities,” said O’Brien.
Founded in 1898, Hope Gas is now one purchase order for
MIDSTREAM of the largest local natural gas distribution
companies (LDCs) in West Virginia. With California refinery multi
Hope Gas acquisition by approximately 3,200 miles of main and 2,000 heater project
miles of gathering pipes, Hope Gas serves
Hearthstone closed today over 111,000 residential, commercial, and ClearSign Technologies, an emerging
industrial customers across 35 counties
Hearthstone Holdings, a portfolio company of in West Virginia. “We are excited to grow leader in industrial combustion and sensing
Ullico Infrastructure Fund (UIF) announced the business and leverage West Virginia’s technologies that improve energy, operational
today that it closed on its acquisition of abundant natural gas resources by efficiency and safety while dramatically
100% of the equity interests in Hope Gas, a collaborating with local natural gas producers reducing emissions, today announces that the
regulated gas distribution company located to get more locally produced natural gas Company has received the purchase order
in West Virginia. Hearthstone indirectly to more customers in West Virginia. Using to proceed with the next phase of the twenty
acquired Hope Gas from Dominion Energy. local natural gas to enhance the economic burner project announced on March 29, 2022
“I’m pleased Hearthstone is investing in and growth opportunities in West Virginia for a California refinery.
West Virginia and is committed to bringing will attract more businesses and jobs to The The purchase order is for the purchase of
not only affordable domestic energy to their Mountain State,” said O’Brien. four burners for testing, the multi burner test
customers but also their headquarters and job Hearthstone owns and operates and other ancillary items. The timing and
opportunities to the Mountain State,” said US natural gas LDCs in Indiana, Ohio, North scope of this order is due to the acceleration
Senator Joe Manchin. “This is great news for Carolina, Maine and Montana and water of the project timeline. The engineering and
the region and I look forward to seeing the and wastewater utilities in Arizona and computer modelling for this project has been
positive impact of this investment for years to Michigan. As part of the definitive agreement, completed and the remaining timeline for this
come,” said Manchin. Hearthstone will move its headquarters project has been accelerated. The Company
“We are excited to bring back the Hope Gas to Morgantown, West Virginia, further expects an additional purchase order for the
name to West Virginia,” said Morgan O’Brien, highlighting the importance of the acquisition manufacture and supply of the remaining
Hope Gas and Hearthstone’s President and to the portfolio. sixteen burners during the fourth quarter of
CEO. “Customers will receive the same great HEARTHSTONE HOLDINGS, August 31, 2022 this year.

P10 www. NEWSBASE .com Week 35 01•September•2022