PanEnergy Corp. Presents Archives to Rice University

CONTACT: Michael Cinelli
(713) 831-4794

Danny P. Gibbs
PanEnergy Corp.
(713) 627-5011

PANENERGY CORP. PRESENTS ARCHIVES TO RICE UNIVERSITY;

NEW BOOK DETAILING COMPANY’S HISTORY UNVEILED

Historical information exemplifying the
relationship between United States regulatory policy and the modern
corporation will soon be available at Rice University’s Fondren
Library courtesy of PanEnergy Corp.
Paul Anderson, PanEnergy’s president and chief executive
officer, and Dennis Hendrix, PanEnergy chairman, will symbolically
present a small portion of the archives to David Auston, Rice
provost, at the university’s Fondren Library Woodson Research Center
at 10 a.m. on Tuesday, June 18.

The archives detail the more than 65-year history of Houston’s
PanEnergy Corp.
PanEnergy, previously known as Panhandle Eastern Corporation,
will underwrite the university’s cost of cataloging and preserving
the 60 cubic feet of Panhandle Eastern and Texas Eastern Corporation
historical documents. Texas Eastern was merged into the company in
1989.

The Woodson Research Center will make the collection available
to researchers once all the documents are in place, said center
director Nancy Boothe.

“These archives will be a welcome addition to our collection,”
said Auston. “Business historians and regulatory researchers should
find these records very valuable.”

Along with the archives, PanEnergy will unveil its newly
published history, “Gas Pipelines and the Emergence of America’s
Regulatory State, a History of Panhandle Eastern Corporation, 1928-
1993.”

Book author Christopher Castaneda, who researched the PanEnergy
archives in developing the historical account, will present copies
of the book to the university. “Gas Pipelines” is published by
Cambridge University Press as part of its prestigious series,”Studies in Economic History & Policy: The U.S. in the 20th
Century.”

“From the birth of interstate pipelines and minimal regulation
to increased government oversight and open access transportation,
PanEnergy’s history documents an important evolutionary process in
the relationship between business and government in our nation,”
Castaneda said.

Castaneda, assistant professor of history at California State
University, Sacramento, previously co-authored the history of Texas
Eastern Corporation. “From Texas to the East” was published by Texas
A&M University Press in 1993. Hendrix commissioned the Texas Eastern
history book in 1987, when he was chief executive officer of Texas
Eastern.
Castaneda’s work on the Panhandle Eastern history then began in
late 1991 after “From Texas to the East” was submitted to the
publisher.

The PanEnergy name change earlier this year reflects the
company’s move from primarily a natural gas transporter to a more
diversified provider of energy services.

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