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Stock impact report

Eastern Shore Natural Gas Company Receives Positive Environmental Assessment from FERC for Del-Mar Energy Pathway Project

Chesapeake Utilities Corporation (CPK) 
Last chesapeake utilities corporation earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: chpk.com
Company Research Source: PR Newswire
DOVER, Del., May 6, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that the Federal Energy Regulatory Commission (FERC) has issued a positive environmental assessment of the Company's Del-Mar Energy Pathway Project (Project) (Docket No. CP18-548-000). The Project, which was applied for in September of 2018 by Eastern Shore Natural Gas Company (ESNG), Chesapeake Utilities' interstate natural gas transmission subsidiary, proposes the construction and operation of new natural gas pipeline and meter and delivery (M&R) stations in Kent and Sussex counties in Delaware, and Wicomico and Somerset counties in Maryland."We have continued to meet the growing market demand for natural gas in the region by expanding our transmission pipeline capacity in recent years," said Jeff Tietbohl, Vice President of Eastern Shore Natural Gas Company. "This project will play a significant role in providing clean, reliable and cost-effective natural gas to underserved areas o Show less Read more
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