Lukens Energy Group Launches Energy Ventures Division

Apr 17, 2001, 01:00 ET from Lukens Energy Group, Inc.

    HOUSTON, April 17 /PRNewswire/ -- Lukens Energy Group, Inc. announced
 today that it has created an Energy Ventures division to pursue energy asset
 investment opportunities.  Energy Ventures will acquire and develop midstream
 energy assets in North America.  Lukens Energy Group also announced that it
 has arranged financial backing from a major energy company to launch this new
 division.
     "Energy infrastructure investment needs in North America and around the
 world are well chronicled," said Jay Lukens, president, Lukens Energy Group.
 "Our expertise in valuation and financial modeling of energy assets and
 extensive market knowledge enable us to provide value to investors."
     The Energy Ventures division utilizes the company's proprietary asset
 valuation software such as the Storage Valuation Advisor(TM) to help identify
 projects.
     Based in Houston, Texas, and Calgary, Alberta, Lukens Energy Group, Inc.
 provides consulting services, optimization software products, and asset
 valuation to buyers and sellers of energy commodities.  The company's services
 also include regulatory policy management, litigation support and decision
 science.  The company's Storage Valuation Advisor(TM) software evaluates the
 optimal use of gas storage to arbitrage natural gas prices across time and
 space.  Lukens Energy Group's Internet address is www.lukensgroup.com.
     For more information on the Energy Ventures division, please contact
 Robert Beck at 713-961-1100 or via email at rbeck@lukensgroup.com.
 
 

SOURCE Lukens Energy Group, Inc.
    HOUSTON, April 17 /PRNewswire/ -- Lukens Energy Group, Inc. announced
 today that it has created an Energy Ventures division to pursue energy asset
 investment opportunities.  Energy Ventures will acquire and develop midstream
 energy assets in North America.  Lukens Energy Group also announced that it
 has arranged financial backing from a major energy company to launch this new
 division.
     "Energy infrastructure investment needs in North America and around the
 world are well chronicled," said Jay Lukens, president, Lukens Energy Group.
 "Our expertise in valuation and financial modeling of energy assets and
 extensive market knowledge enable us to provide value to investors."
     The Energy Ventures division utilizes the company's proprietary asset
 valuation software such as the Storage Valuation Advisor(TM) to help identify
 projects.
     Based in Houston, Texas, and Calgary, Alberta, Lukens Energy Group, Inc.
 provides consulting services, optimization software products, and asset
 valuation to buyers and sellers of energy commodities.  The company's services
 also include regulatory policy management, litigation support and decision
 science.  The company's Storage Valuation Advisor(TM) software evaluates the
 optimal use of gas storage to arbitrage natural gas prices across time and
 space.  Lukens Energy Group's Internet address is www.lukensgroup.com.
     For more information on the Energy Ventures division, please contact
 Robert Beck at 713-961-1100 or via email at rbeck@lukensgroup.com.
 
 SOURCE  Lukens Energy Group, Inc.