Acquired by SCPPA: 2006

SCPPA Participants: Anaheim, Burbank, Colton along with Turlock Irrigation District

About the Gas Reserves

In 2006, SCPPA acquired natural gas resources in the Barnett shale geological formation in Texas from Collins and Young Holding, LLP. This acquisition was completed when the participants, together with Turlock Irrigation District, exercised their option to purchase additional resources from Collins and Young Holding, LLP. SCPPA invested in natural gas reserves as a physical hedge against rising gas prices and market volatility.