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Vol. 7, No. 46 Week of November 17, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Semco third-quarter loss rises slightly from 2001, red ink normal due to seasonal business

Allen Baker, PNA contributing writer

Semco Energy Inc., parent of Enstar in Alaska, reported a net loss for the third quarter of $7 million, slightly larger than the loss of $6.6 million a year ago. Since the company’s biggest business, natural gas distribution, makes most of its money during the winter, a loss in the summer season is....


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