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Coast Energy Group, A Division of Cornerstone Propane Partners, L. P., Purchases Lantern Petroleum Corporation.


SUGAR LAND, Texas--(BUSINESS WIRE)--Nov. 1, 1999--

Coast Energy Group ("CEG (Continuous Edge Graphics) A VGA RAMDAC chip from Edsun Labs that adds anti-aliasing on the fly. It can also calculate intermediate shades, thus providing thousands of colors on an 8-bit board that normally generates only 256 colors. "), a division of Cornerstone cornerstone

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 Propane Partners, L. P. ("Cornerstone")(NYSE NYSE

See: New York Stock Exchange
:CNO CNO
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chief of naval operations
), today announced the acquisition of Lantern lantern

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 Petroleum Corporation.

Based in Midland, Texas Midland is the county seat of Midland CountyGR6 located on the Southern Plains of the western area of the U.S. State of Texas. As of the 2006 U.S. Census estimate, the city had a total population of 102,073. , Lantern Petroleum is a crude oil trucking and pipeline marketing company with a strong commitment to their customers' business. The support of CEG will enable Lantern Petroleum to provide their customers with even better service.

Lantern Petroleum has a fresh new look, but they maintain the same employee base, emphasizing the same dedication to quality and service. Now, as a division of CEG, they have the infrastructure, the financial and the physical resources to be able to provide an even higher level of customer service.

CEG, a division of Cornerstone Propane Partners, L.P., is an innovative, full service, energy solutions company. CEG is a crude oil, natural gas, NGLs and electricity marketing company built on a solid foundation of experience, vision and expertise. This foundation, combined with their abundant resources, allows CEG to maintain the same service guarantee that customers had come to enjoy with Lantern Petroleum. One of CEG's goals is to build and maintain productive long-term customer relationships.

Coast Energy Group...adding new energy to Lantern Petroleum. For more information, please visit Cornerstone's website at www.cornerstonepropane.com or CEG's website at www.coastenergy.com.

The information presented herein may contain certain "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the federal securities laws. The Partnership's actual future performance will be affected by a number of factors, risks and uncertainties, including without limitation, weather conditions, regulatory changes, competitive factors, the Partnership's success in dealing with the Year 2000 issues and the operations of vendors, suppliers and customers, many of which are beyond the Partnership's control. Future events and results may vary substantially from what the Partnership currently foresees, and there can be no assurance that the Partnership's actual results will not differ materially from its expectations. The Partnership undertakes no obligation to publicly release any revision to these forward-looking statements to reflect events or circumstances after the date of such statements or reflect the occurrence of anticipated or unanticipated events.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 2, 1999
Words:356
Previous Article:Maxicare Appoints New Leadership for Indiana Operations.
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