CMS Energy Corporation Expands into Rocky Mountain Region

CMS Energy Corporation, a diversified energy infrastructure company, has opened a new office in downtown Denver, Colorado, as part of its ongoing expansion into the Rocky Mountain region. This strategic move reflects the company's long-term plan to aggressively pursue new energy development opportunities in the area. With a significant presence in the region, CMS Energy aims to tap into the vast energy resources of the Powder River Basin in Wyoming. The company's new Denver office will serve as the main regional hub, overseeing the exploration and production activities of CMS Oil and Gas Co. and its partner, Pennaco Energy.

Key Takeaways:

• CMS Energy Corporation has opened a new office in downtown Denver, Colorado, as part of its expansion into the Rocky Mountain region.
• The Denver office will serve as the main regional hub for CMS Energy and its exploration and production unit, CMS Oil and Gas Co.
• CMS Oil and Gas Co. is developing coal bed methane gas reserves on 580,000 acres in Wyoming's Powder River Basin with its partner, Pennaco Energy.
• The company plans to construct the Northern Header Powder River Gathering System, which will gather 256 million cubic feet per day of coal bed methane gas.
• The system can be expanded to 500 million cubic feet per day with the addition of compression.
• CMS Energy's new Denver office is located at 1600 Broadway, Suite 900, zip code 80202, telephone: 303-813-6585, fax: 303-813-6565.
• The company has annual sales of about $6 billion and assets of about $14 billion throughout the U.S. and in 22 countries worldwide.
• CMS Energy's principal subsidiary is Consumers Energy, Michigan's largest utility and America's fourth-largest combination gas and electric utility.
• The company has a diverse range of businesses, including electric and natural gas utility operations, independent power production, natural gas pipelines, and energy marketing and trading.
• Lanny Waguespack, Director of Western Business Development at CMS Energy, emphasized the company's plans for a growing presence in the West.

Statistics:

• 580,000 acres: the area where CMS Oil and Gas Co. is developing coal bed methane gas reserves in Wyoming's Powder River Basin.
• 256 million cubic feet per day: the initial capacity of the Northern Header Powder River Gathering System.
• 500 million cubic feet per day: the potential capacity of the system with added compression.
• $6 billion: CMS Energy's annual sales.
• $14 billion: CMS Energy's assets throughout the U.S. and in 22 countries worldwide.
• 22: the number of countries where CMS Energy has business operations, in addition to the U.S.

Sources:

• CMS Energy Corporation press release, dated September 10, 2003.
• CMS Energy Corporation website: www.cmsenergy.com.