ASBESTOS UPDATE: Central Posts $1.7MM ARO Liability at March 31

Southern Star Central Corp.’s Central subsidiary, at March 31, 2011, recorded an asset retirement obligation liability of US$1.7 million and a corresponding regulatory asset of US$1 million.

Central recorded an ARO for the remediation of asbestos existing on its system. The…

ASBESTOS UPDATE: Southern Star Has $1.6MM Dec. 31 ARO Liability

At Dec. 31, 2010, Southern Star Central Corp.’s regulatory asset was US$1 million and its related asset retirement obligation liability was US$1.6 million.

In 2005, in accordance with the Financial Accounting Standards Board (FASB), Interpretation concerning Accounting for Conditional Asset Retirement…

ASBESTOS UPDATE: SSCGP Has $2.9MM ARO Liability at June 30

Southern Star Central Corp. says that subsidiary, Southern Star Central Gas Pipeline, Inc., at June 30, 2010, had an asbestos regulatory asset of US$2.3 million and a related asset retirement obligation liability of US$2.9 million.

The asbestos existing on Company unit…

ASBESTOS UPDATE: Central Records $2.7MM ARO Liability at June 30

Southern Star Central Corp.’s subsidiary Southern Star Central Gas Pipeline, Inc.’s asbestos retirement obligation (ARO) liability was US$2.7 million at June 30, 2009 and the corresponding asbestos regulatory asset was US$2.4 million.

Central’s ARO liability was US$2.6 million at Dec. 31,…

ASBESTOS LITIGATION: Central Has $2.7M ARO Liability at March 31

Southern Star Central Gas Pipeline, Inc., a Southern Star Central Corp. subsidiary, at March 31, 2009, recorded a US$2.7 million asbestos-related asset retirement obligation (ARO) liability.

Central’s regulatory asset was US$2.5 million at March 31, 2009.

Central recorded an ARO for the…

ASBESTOS LITIGATION: Southern Star Unit Has $2.6M ARO Liability

Southern Star Central Corp.’s subsidiary, Southern Star Central Gas Pipeline, Inc., recorded an asbestos-related asset retirement obligation liability of US$2.6 million in its Consolidated Balance Sheet.

The corresponding amount of the regulatory asset was US$2.5 million in the Consolidated Balance Sheet.

In…