edgemarc bankruptcy - GoMarcellusShale.com2024-03-29T04:36:32Zhttps://gomarcellusshale.com/forum/topics/edgemarc-bankruptcy?commentId=2274639%3AComment%3A801288&x=1&feed=yes&xn_auth=noThe deal that Edgemarc made w…tag:gomarcellusshale.com,2019-06-05:2274639:Comment:8012882019-06-05T17:45:34.311Zpa landownerhttps://gomarcellusshale.com/profile/philiplanders
<p>The deal that Edgemarc made with ETP is what did them in by one day </p>
<p>"EdgeMarc responded that it had terminated the contract because the pipeline wasn’t put into commercial service by the date that Energy Transfer guaranteed: Jan. 1, 2019.</p>
<p>But Energy Transfer argued that the pipeline was commercially operating. For one day. On Sept. 10, the day of the explosion, Energy Transfer sent EdgeMarc two notices. The first announced that the pipeline had been put into commercial service…</p>
<p>The deal that Edgemarc made with ETP is what did them in by one day </p>
<p>"EdgeMarc responded that it had terminated the contract because the pipeline wasn’t put into commercial service by the date that Energy Transfer guaranteed: Jan. 1, 2019.</p>
<p>But Energy Transfer argued that the pipeline was commercially operating. For one day. On Sept. 10, the day of the explosion, Energy Transfer sent EdgeMarc two notices. The first announced that the pipeline had been put into commercial service the day before. The second said that it had suspended operations because of the explosion, which was an unforeseeable event, “an act of God.” In legal terms, it declared a force majeure."</p>
<p>Read whole article <a href="http://www.frackcheckwv.net/2019/05/18/%E2%80%9Can-act-of-god%E2%80%9D-is-blamed-for-pipeline-explosion-last-september-in-southwestern-penna/">http://www.frackcheckwv.net/2019/05/18/%E2%80%9Can-act-of-god%E2%80%9D-is-blamed-for-pipeline-explosion-last-september-in-southwestern-penna/</a></p>
<p></p> Guess old Goldman Sachs stopp…tag:gomarcellusshale.com,2019-06-05:2274639:Comment:8012852019-06-05T17:14:52.651Zshakeshalehttps://gomarcellusshale.com/profile/shakeshale
Guess old Goldman Sachs stopped backing edgmarc
Guess old Goldman Sachs stopped backing edgmarc