PANOAK Natural Gas Corporation & Worldwide Energy, Inc. (ESCO) Forms Partnership to Offer Even More Energy Savings to Municipalities & Institutional Businesses

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After the Federal Energy Regulatory Commission (FERC) issued Order 636, known as the Restructuring Rule, the major interstate pipelines were required to open access to transportation, deregulating the Natural Gas Market. PANOAK Corporation has chosen Worldwide Energy, Inc. as their representative for the Midwest.

After the Federal Energy Regulatory Commission (FERC) issued Order 636, known as the Restructuring Rule, the major interstate pipelines were required to open access to transportation, deregulating the Natural Gas Market. PANOAK Corporation has chosen Worldwide Energy, Inc. as their representative for the Midwest.

Today Kansas-based Worldwide Energy announced its entry into the Natural Gas arena by partnering with Oklahoma's Panoak Natural Gas, LP. Gaylen Davenport stated Friday "diversification into the deregulated natural gas industry is a natural progression and strategic key step for reaching the long-term goals of the company being a Total Energy Solutions Provider." Gaylen went on to say that adding natural gas to the company's portfolio of energy efficient products will enable the company to fulfill its commitment on providing energy efficient solutions that deliver verifiable cost reductions while offering reduced carbon characteristics."

Worldwide Energy, Inc. (http://www.worldwideenergy.com) is a Woman Owned, Energy Service Company (ESCO) working with a wide range of clients throughout the US, including cities and municipalities, to reduce their fixed overhead expenses by improving energy efficiency and reducing utility expenditures. Services include facility energy audits and analysis, turnkey retrofit implementation, sales of energy efficient products, and handling of all the rebate/tax incentive paperwork for our clients.

Since 1973, Panoak Corporation has been exploring, producing and distributing natural gas and deregulation has enabled the company to evolve into a full-fledged energy Exploration, Production, Operation and Marketing Company with over 110 company-owned natural gas wells. Panoak has been selling natural gas to municipalities and Commercial Businesses since 1987. PANOK Natural Gas, LP deliver's its natural direct to customers in Missouri, Kansas and neighboring states.

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Shari Davidson

Gaylen Davenport
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