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TRANSCO ENERGY CLOSES SALE OF GAS GATHERING AND RELATED FACILITIES TO DEEPTECH

 TRANSCO ENERGY CLOSES SALE OF GAS GATHERING AND RELATED FACILITIES
 TO DEEPTECH
 HOUSTON, July 20 /PRNewswire/ -- Transco Energy Company (NYSE: E) today closed the sale of its interests in certain gas gathering and related facilities to Deeptech International, Inc., announced in June.
 Included in the $65 million sale were Transco's various ownership interests in the HIOS and U-TOS systems, the Green Canyon Pipeline and the Louisiana Offshore Pipeline System. Proceeds of the sale will be used to reduce debt.
 -0- 7/20/92
 /CONTACT: Katherine K. Putnam (media), 713-439-2455, or R. Dean Ayers (analysts), 713-439-2593, both of Transco/
 (E) CO: Transco Energy Company; Deeptech International, Inc. ST: Texas IN: OIL SU:


GK -- NY088 -- 0974 07/20/92 18:17 EDT
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Publication:PR Newswire
Date:Jul 20, 1992
Words:120
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