Showing posts with label offer. Show all posts
Showing posts with label offer. Show all posts

Saturday, July 13, 2013

BOEM to Offer Over 21 Million Acres in Western Gulf Lease Sale

The Bureau of Ocean Energy Management (BOEM) will offer over 21 million acres offshore Texas for exploration and production in Lease Sale 233 in August.

The acreage, which includes 3,953 blocks located 9 to 250 miles offshore in water depths ranging from 16 to over 10,975 feet (5 to 3,346 meters), will include all available unleased areas in the western Gulf planning area.

The proposed sale is the third offshore auction under the current Outer Continental Shelf Oil and Gas Leasing Program for 2012 to 2017. The first sale under the plan, Western Gulf Lease Sale 229, was held in November 2012 and netted nearly $134 million in high bids. The second sale, Central Gulf Lease Sale 227, was held last month, and attracted over $1.2 billion in high bids.

BOEM estimates the sale could generate production of 116 to 200 million barrels of oil and 538 to 938 billion cubic feet of natural gas.

The proposed economic terms for the sale will not include the provision for deep gas royalty relief under the Energy Policy Act of 2005 (EPAct), which will end May 3. However, ultra-deep gas royalty relief required under the EPAct will still be available, BOEM said in a statement.

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Wednesday, July 10, 2013

BOEM to Offer Over 21 Million Acres in Western Gulf Lease Sale

The Bureau of Ocean Energy Management (BOEM) will offer over 21 million acres offshore Texas for exploration and production in Lease Sale 233 in August.

The acreage, which includes 3,953 blocks located 9 to 250 miles offshore in water depths ranging from 16 to over 10,975 feet (5 to 3,346 meters), will include all available unleased areas in the western Gulf planning area.

The proposed sale is the third offshore auction under the current Outer Continental Shelf Oil and Gas Leasing Program for 2012 to 2017. The first sale under the plan, Western Gulf Lease Sale 229, was held in November 2012 and netted nearly $134 million in high bids. The second sale, Central Gulf Lease Sale 227, was held last month, and attracted over $1.2 billion in high bids.

BOEM estimates the sale could generate production of 116 to 200 million barrels of oil and 538 to 938 billion cubic feet of natural gas.

The proposed economic terms for the sale will not include the provision for deep gas royalty relief under the Energy Policy Act of 2005 (EPAct), which will end May 3. However, ultra-deep gas royalty relief required under the EPAct will still be available, BOEM said in a statement.

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Sunday, April 14, 2013

Ithaca Makes Takeover Offer for Valiant Petroleum

North Sea-focused Ithaca Energy has made a $309 million offer for Valiant Petroleum that it expects will result in the establishment of a leading mid-sized oil and gas operator in the region.

Ithaca is focused on production, appraisal and development activities in the North Sea, while Valiant has what Ithaca's management describes as "a balanced portfolio" of assets with a primary focus on the UK and Norway.

Ithaca expects that the acquisition will see a more than doubling of its current forecast for 2013 production to between 14,000 and 16,000 barrels of oil equivalent per day (boepd), increasing to approximately 27,000 boepd in 2015. It would also see Ithaca's 2P reserves double to 74 million boe.

Ithaca reported that the Valiant board of directors, which is advised by Morgan Stanley, considers the terms of the acquisition to be fair and reasonable.

Ithaca Chairman Jack Lee commented in a statement:

"This proposed acquisition represents a significant step forward in the execution of Ithaca's strategy to build a highly profitable 25kboe/d North Sea oil and gas company. The combined assets of the two groups have a strong strategic fit, with the acquisition materially increasing and broadening Ithaca's producing asset base and reserves portfolio."

Valiant Chairman Kevin Lyon added:

"We are pleased to announce Ithaca's recommended offer to our shareholders… The combination with Ithaca will create a leading North Sea oil and gas operator with a diverse production and reserves asset base from which to pursue new and exciting growth opportunities."

In a separate announcement Friday Valiant said that drilling on the Timon prospect in the northern UK sector of the North Sea, on blocks 211/11b and 211/16b, has finished and the well will be plugged and abandoned after Jurassic sands there were found to be poorly developed. Valiant has a 10-percent share in the P1633 license on which Timon is located. 

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com.

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Ithaca Makes Takeover Offer for Valiant Petroleum

North Sea-focused Ithaca Energy has made a $309 million offer for Valiant Petroleum that it expects will result in the establishment of a leading mid-sized oil and gas operator in the region.

Ithaca is focused on production, appraisal and development activities in the North Sea, while Valiant has what Ithaca's management describes as "a balanced portfolio" of assets with a primary focus on the UK and Norway.

Ithaca expects that the acquisition will see a more than doubling of its current forecast for 2013 production to between 14,000 and 16,000 barrels of oil equivalent per day (boepd), increasing to approximately 27,000 boepd in 2015. It would also see Ithaca's 2P reserves double to 74 million boe.

Ithaca reported that the Valiant board of directors, which is advised by Morgan Stanley, considers the terms of the acquisition to be fair and reasonable.

Ithaca Chairman Jack Lee commented in a statement:

"This proposed acquisition represents a significant step forward in the execution of Ithaca's strategy to build a highly profitable 25kboe/d North Sea oil and gas company. The combined assets of the two groups have a strong strategic fit, with the acquisition materially increasing and broadening Ithaca's producing asset base and reserves portfolio."

Valiant Chairman Kevin Lyon added:

"We are pleased to announce Ithaca's recommended offer to our shareholders… The combination with Ithaca will create a leading North Sea oil and gas operator with a diverse production and reserves asset base from which to pursue new and exciting growth opportunities."

In a separate announcement Friday Valiant said that drilling on the Timon prospect in the northern UK sector of the North Sea, on blocks 211/11b and 211/16b, has finished and the well will be plugged and abandoned after Jurassic sands there were found to be poorly developed. Valiant has a 10-percent share in the P1633 license on which Timon is located. 

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com.

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Monday, April 1, 2013

US, States Mull Extending $16B Oil-Spill Settlement Offer to BP

Deepwater Horizon Gulf of Mexico Oil Spill

The U.S. Justice Department and Gulf Coast states are mulling offering BP PLC a $16 billion deal to settle civil claims related to the deadly 2010 Deepwater Horizon incident, according to people familiar with the discussions.

The settlement offer would cover potential fines owed by BP under the Clean Water Act and payments under another process known as the Natural Resources Damage Assessment, or NRDA, the people said. The fines stem from the massive Gulf of Mexico oil spill that ensued from the Deepwater Horizon well blowout in April 2010.

BP's potential Clean Water Act fines could run as high as $17.6 billion, but the company has argued they would likely be less than $5 billion. The NRDA payments could also run into the billions, but they are tax deductible for BP. BP must be found to have been grossly negligent in its role leading up to the blowout and spill to receive the highest penalty. The company argues it wasn't grossly negligent and prosecutors and plaintiffs have a very high bar to clear to prove otherwise.

The potential settlement offer helps illustrate the thinking of federal and state governments about the largest penalty BP faces in the wake of the Deepwater Horizon saga, a figure that has been subject to wildly ranging guesses. But it is far from certain that even if the offer is made, it will bring the U.K.-based oil company closer to a deal.

The first of two Deepwater Horizon trials is set to begin Monday before a federal judge in New Orleans.

It isn't clear if the offer has been formally proposed to BP, which declined to comment. BP said previously it was open to negotiations but that it was fully prepared to start trial Monday. The Justice Department, which also stated earlier this week it was prepared to go to trial, declined to comment as well.

Federal and state officials met in Washington, D.C., last week to work on terms of a settlement offer and continued discussions throughout this week, according to the people familiar with the negotiations.

The people said among the disagreements between the governments are how much of the fines will fall under the Clean Water Act and how much will fall under NRDA. A law passed by Congress would give the states control over 80% of Clean Water Act fines, while NRDA fines would go to specific wildlife and natural habitat restoration projects. Louisiana would likely receive the most NRDA funds since that state's coast line and waters were most directly affected by the spill.

Terms of the offer and settlement discussions could continue even through the beginning of the trial, the people said.

Tuesday, a judge agreed with BP and the Justice Department that 810,000 gallons of the estimated 4.9 million gallons the government has said leaked from the well were successfully captured by spill-response vessels and shouldn't count against any future fines. That ruling effectively reduced the maximum possible Clean Water Act fines by $3.48 billion.

BP previously agreed to a $4 billion settlement of criminal charges related to the blowout on the Deepwater Horizon drilling rig and the ensuing spill, as well as a $525 million civil settlement with the Securities and Exchange Commission. Transocean Ltd. (RIG, RIGN.VX), the owner of the rig, agreed to a $400 million criminal settlement and $1 billion civil settlement for violations of the Clean Water Act.

BP says it is eager to fight it out in court, believing past settlement offers didn't adequately reflect the company's legal position. In an interview with The Wall Street Journal this week, BP General Counsel Rupert Bondy said of the few Clean Water Act cases that go to trial, the per-barrel penalties are significantly less than the maximum allowed. He also noted judges take into account several other factors when determining penalties, such as a company's efforts to address the environmental impacts of the spill.

BP has spent more than $14 billion on spill response and cleanup, paid out more than $9 billion to Gulf Coast businesses and individuals impacted by the spill, and committed billions more to environmental restoration and research.

"Facing demands that we believe are excessive, not anchored in reality or the merits of the case, we are preparing ourselves to start the trial in one week's time," Mr. Bondy had said Monday.

Copyright (c) 2012 Dow Jones & Company, Inc.

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Sunday, March 31, 2013

US, States Mull Extending $16B Oil-Spill Settlement Offer to BP

Deepwater Horizon Gulf of Mexico Oil Spill

The U.S. Justice Department and Gulf Coast states are mulling offering BP PLC a $16 billion deal to settle civil claims related to the deadly 2010 Deepwater Horizon incident, according to people familiar with the discussions.

The settlement offer would cover potential fines owed by BP under the Clean Water Act and payments under another process known as the Natural Resources Damage Assessment, or NRDA, the people said. The fines stem from the massive Gulf of Mexico oil spill that ensued from the Deepwater Horizon well blowout in April 2010.

BP's potential Clean Water Act fines could run as high as $17.6 billion, but the company has argued they would likely be less than $5 billion. The NRDA payments could also run into the billions, but they are tax deductible for BP. BP must be found to have been grossly negligent in its role leading up to the blowout and spill to receive the highest penalty. The company argues it wasn't grossly negligent and prosecutors and plaintiffs have a very high bar to clear to prove otherwise.

The potential settlement offer helps illustrate the thinking of federal and state governments about the largest penalty BP faces in the wake of the Deepwater Horizon saga, a figure that has been subject to wildly ranging guesses. But it is far from certain that even if the offer is made, it will bring the U.K.-based oil company closer to a deal.

The first of two Deepwater Horizon trials is set to begin Monday before a federal judge in New Orleans.

It isn't clear if the offer has been formally proposed to BP, which declined to comment. BP said previously it was open to negotiations but that it was fully prepared to start trial Monday. The Justice Department, which also stated earlier this week it was prepared to go to trial, declined to comment as well.

Federal and state officials met in Washington, D.C., last week to work on terms of a settlement offer and continued discussions throughout this week, according to the people familiar with the negotiations.

The people said among the disagreements between the governments are how much of the fines will fall under the Clean Water Act and how much will fall under NRDA. A law passed by Congress would give the states control over 80% of Clean Water Act fines, while NRDA fines would go to specific wildlife and natural habitat restoration projects. Louisiana would likely receive the most NRDA funds since that state's coast line and waters were most directly affected by the spill.

Terms of the offer and settlement discussions could continue even through the beginning of the trial, the people said.

Tuesday, a judge agreed with BP and the Justice Department that 810,000 gallons of the estimated 4.9 million gallons the government has said leaked from the well were successfully captured by spill-response vessels and shouldn't count against any future fines. That ruling effectively reduced the maximum possible Clean Water Act fines by $3.48 billion.

BP previously agreed to a $4 billion settlement of criminal charges related to the blowout on the Deepwater Horizon drilling rig and the ensuing spill, as well as a $525 million civil settlement with the Securities and Exchange Commission. Transocean Ltd. (RIG, RIGN.VX), the owner of the rig, agreed to a $400 million criminal settlement and $1 billion civil settlement for violations of the Clean Water Act.

BP says it is eager to fight it out in court, believing past settlement offers didn't adequately reflect the company's legal position. In an interview with The Wall Street Journal this week, BP General Counsel Rupert Bondy said of the few Clean Water Act cases that go to trial, the per-barrel penalties are significantly less than the maximum allowed. He also noted judges take into account several other factors when determining penalties, such as a company's efforts to address the environmental impacts of the spill.

BP has spent more than $14 billion on spill response and cleanup, paid out more than $9 billion to Gulf Coast businesses and individuals impacted by the spill, and committed billions more to environmental restoration and research.

"Facing demands that we believe are excessive, not anchored in reality or the merits of the case, we are preparing ourselves to start the trial in one week's time," Mr. Bondy had said Monday.

Copyright (c) 2012 Dow Jones & Company, Inc.

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Monday, February 18, 2013

Petronas Makes $2.8B Buyout Offer to LNG Shipper MISC

State-backed Petronas has made a $2.8 billion (MYR8.8 billion) offer to buy out other shareholders in liquefied natural gas (LNG) shipping unit MISC and delist it, both companies confirmed in disclosures released late Thursday.

Petronas, which owns 62.7 percent of MISC, made an offer for the remaining shares at $1.71 (MYR5.30), according to a statement posted by MISC. This works out to a 19 percent premium to MISC's closing price of $1.43 (MYR1.13)

Commenting on its decision to acquire MISC, Petronas said in a statement: "The prevailing industry backdrop and uncertain global economy have made efforts to sustain and transform the business of MISC challenging. The offer represents a significant step by Petronas to take MISC private and obtain full control of the company which will provide Petronas with greater flexibility in deciding MISC’s strategic direction."

Petronas reaffirmed MISC that it has no plans to dismiss or make redundant the employees of MISC as a direct result of the offer.
MISC in the shipping arm of Petronas; the former is involved in LNG transportation and operations and has in its fleet two LNG vessels which are converted into floating storage units (FSUs).

With MISC's capabilities in LNG transportation, the business appears to be a good fit for Petronas, given the oil giant’s long-term focus on developing its LNG operations.

Malaysia's Prime Minister Najib Razak said in a public address in September last year that he aims to establish the country as Asia's LNG trading hub by 2020 with the establishment of a $1.3 billion LNG terminal in the Pengerang Integrated Petroleum Complex. In late November last year, Petronas confirmed a massive discovery of two major gas reserves, totaling over 4 trillion cubic feet, offshore Sarawak.

Quintella has reported on the upstream and downstream oil and petrochemicals markets from 2004. Email Quintella at quintella.koh@rigzone.com.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

View the original article here

Petronas Makes $2.8B Buyout Offer to LNG Shipper MISC

State-backed Petronas has made a $2.8 billion (MYR8.8 billion) offer to buy out other shareholders in liquefied natural gas (LNG) shipping unit MISC and delist it, both companies confirmed in disclosures released late Thursday.

Petronas, which owns 62.7 percent of MISC, made an offer for the remaining shares at $1.71 (MYR5.30), according to a statement posted by MISC. This works out to a 19 percent premium to MISC's closing price of $1.43 (MYR1.13)

Commenting on its decision to acquire MISC, Petronas said in a statement: "The prevailing industry backdrop and uncertain global economy have made efforts to sustain and transform the business of MISC challenging. The offer represents a significant step by Petronas to take MISC private and obtain full control of the company which will provide Petronas with greater flexibility in deciding MISC’s strategic direction."

Petronas reaffirmed MISC that it has no plans to dismiss or make redundant the employees of MISC as a direct result of the offer.
MISC in the shipping arm of Petronas; the former is involved in LNG transportation and operations and has in its fleet two LNG vessels which are converted into floating storage units (FSUs).

With MISC's capabilities in LNG transportation, the business appears to be a good fit for Petronas, given the oil giant’s long-term focus on developing its LNG operations.

Malaysia's Prime Minister Najib Razak said in a public address in September last year that he aims to establish the country as Asia's LNG trading hub by 2020 with the establishment of a $1.3 billion LNG terminal in the Pengerang Integrated Petroleum Complex. In late November last year, Petronas confirmed a massive discovery of two major gas reserves, totaling over 4 trillion cubic feet, offshore Sarawak.

Quintella has reported on the upstream and downstream oil and petrochemicals markets from 2004. Email Quintella at quintella.koh@rigzone.com.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

View the original article here

Saturday, February 16, 2013

Petronas Makes $2.8B Buyout Offer to LNG Shipper MISC

State-backed Petronas has made a $2.8 billion (MYR8.8 billion) offer to buy out other shareholders in liquefied natural gas (LNG) shipping unit MISC and delist it, both companies confirmed in disclosures released late Thursday.

Petronas, which owns 62.7 percent of MISC, made an offer for the remaining shares at $1.71 (MYR5.30), according to a statement posted by MISC. This works out to a 19 percent premium to MISC's closing price of $1.43 (MYR1.13)

Commenting on its decision to acquire MISC, Petronas said in a statement: "The prevailing industry backdrop and uncertain global economy have made efforts to sustain and transform the business of MISC challenging. The offer represents a significant step by Petronas to take MISC private and obtain full control of the company which will provide Petronas with greater flexibility in deciding MISC’s strategic direction."

Petronas reaffirmed MISC that it has no plans to dismiss or make redundant the employees of MISC as a direct result of the offer.
MISC in the shipping arm of Petronas; the former is involved in LNG transportation and operations and has in its fleet two LNG vessels which are converted into floating storage units (FSUs).

With MISC's capabilities in LNG transportation, the business appears to be a good fit for Petronas, given the oil giant’s long-term focus on developing its LNG operations.

Malaysia's Prime Minister Najib Razak said in a public address in September last year that he aims to establish the country as Asia's LNG trading hub by 2020 with the establishment of a $1.3 billion LNG terminal in the Pengerang Integrated Petroleum Complex. In late November last year, Petronas confirmed a massive discovery of two major gas reserves, totaling over 4 trillion cubic feet, offshore Sarawak.

Quintella has reported on the upstream and downstream oil and petrochemicals markets from 2004. Email Quintella at quintella.koh@rigzone.com.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

View the original article here

Saturday, February 9, 2013

Crux JV Receives Retention Lease Offer from Joint Authority

Nexus Energy disclosed Wednesday that the Crux joint venture has received an offer from the Joint Authority for the issuance of a retention lease, with respect to Production License AC/L9, for five years.

The Crux JV applied for the retention lease with the National Offshore Petroleum Titles Administrator following completion of the consolidation of the Crux assets with Shell Development (Australia), Oaska Gas Crux and Nexus Energy on Oct. 25, 2012.

"The Crux JV will now review the attaching conditions to the retention lease offer and has up to 30 days to formally accept. The detailed work program and associated defined timelines include technical studies of a range of development options, including a standalone development concept, and exploration drilling of the Auriga prospect targeted for 2014," Crux said in a statement.

The development options currently under consideration for the Crux field include a tie-in to Shell's Prelude floating liquefied natural gas (FLNG) vessel or a standalone FLNG project.

Under the Crux JV agreement, Shell is operator of the Production License AC/L9, with an 80 percent interest. Nexus and Osaka Gas hold a 17 percent and 3 percent interest respectively.

Quintella has reported on the upstream and downstream oil and petrochemicals markets from 2004. Email Quintella at quintella.koh@rigzone.com.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

View the original article here

Monday, December 17, 2012

Census to offer Internet option in gov't surveys

Font ResizeBy HOPE YEN Associated PressAssociated PressPosted: 12/17/2012 11:21:34 AM MSTDecember 17, 2012 10:9 PM GMTUpdated: 12/17/2012 03:09:02 PM MST
WASHINGTON—For the first time, the Census Bureau is giving U.S. households a chance to respond to government surveys over the Internet, part of a bid to save costs and boost sagging response rates in a digital age.

The new online option will supplement the traditional census mail-out operation. It is a major shift for the agency, which has relied almost exclusively on paper forms since 1970 but is now moving toward a more Internet-based system after spending a record $13 billion on the 2010 census.

"The online response option is part of an ongoing digital transformation at the Census Bureau," said Thomas Mesenbourg, the Census Bureau's acting director. "The Census Bureau is transforming to make responding to surveys more convenient, conducting surveys more cost-effective and America's statistics more accessible on digital and mobile devices."

Beginning this week, more than 3.5 million U.S. households that are randomly selected each year to participate in the American Community Survey will be sent letters asking them to respond online. The ACS questionnaire, formerly known as the census "long form," asks households for wide-ranging details from education and income to disabilities, language use and commute times.

The Census Bureau also will add a new series of questions on computer and Internet usage to the survey, with data gathered becoming available beginning in 2014.

If households don't respond within two weeks, the Census Bureau will send out copies of paper surveys and follow up with interviews by phone or in person.

The Census Bureau said it is hoping to tap into the changing information habits of Americans, especially younger adults, who are increasingly turning to computers, tablets and smartphones for their communications. Over the last two censuses, the government has struggled with decreasing response rates, due to a combination of perceived inconvenience and concerns about revealing personal information in surveys.

Perhaps equally important, the Census Bureau believes higher response rates could eventually reduce costs, mainly by decreasing the need to mail out voluminous forms or dispatch hundreds of thousands of survey-takers each month to individual homes. At least initially, officials estimate the switch could shave $3 million off the price of conducting the American Community Survey, which cost taxpayers roughly $250 million in 2012.

The American Community Survey is used to distribute more than $400 billion in federal funds for hospitals, roads and schools.

The ACS surveys being distributed this week mark the first time the government will offer an Internet option on such a wide scale to U.S. households, according to Frank Vitrano, the Census Bureau's associate director for the 2020 census. He said it currently offers the option in smaller surveys for more niche audiences, such as businesses. An Internet option also previously was provided on a limited basis in 2000, but only a small fraction of households participated. By 2010, census officials had backed away from an Internet-based survey, citing concerns of hacking and other security breaches.

Since then, countries such as Canada and South Korea have moved to make the Internet a regular part of their census operations. In more recent U.S. tests, about 50 percent of households responded when allowed to respond via the Internet, census officials said. The Census Bureau also has taken additional steps to boost digital security, requiring users to enter a randomly generated user ID to enter the survey site.

The Census Bureau for years has been urged by members of Congress to move to an Internet-based system, partly to help cut costs. But concerns remain as it is studied for use in the 2020 census, which counts the entire U.S. population rather than a representative sample. The once-a-decade count has traditionally missed hard-to-track groups such as minorities, the homeless and the poor, who also may be less likely to have access to computers.

Recent government tests have shown that U.S. residents who are more likely to respond to surveys online are younger, Asian, non-black, or "other" race, with higher education. Those living in larger households as well as those who speak a language other than English at home also were more likely to fill out Internet forms.

Reaching hard-to-count groups has been a major factor behind ballooning costs to the census, which sustains its biggest costs when it has to send survey-takers to households.

"An Internet option cannot come at the expense of reaching hard-to-count communities. Because of disparities in Internet access, this is no silver bullet to increasing response rates and could make racial and language minorities, as well as rural residents, even harder to count than they are now," said Wade Henderson, president and CEO of the Leadership Conference on Civil and Human Rights, a coalition of various civil rights groups.

"The bureau cannot use this as an excuse to scale back the field offices and programs that ensure everyone gets counted, regardless of race, language, or ZIP code," he said.

Census officials say planning for the 2020 census is under way, and that money saved by implementing an Internet option could possibly be used to pay for additional efforts to track hard-to-count groups.

———

Online:

www.census.gov

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Former tennis champ Andrea Jaeger goes to Newtown to offer comfort

Font ResizeLocal NewsBy Nancy Lofholm
The Denver Postdenverpost.comPosted: 12/17/2012 06:49:30 PM MSTDecember 18, 2012 1:58 AM GMTUpdated: 12/17/2012 06:58:13 PM MST

When Andrea Jaeger turned up in Newtown, Conn., last Friday following the shooting at Sandy Hook Elementary, the former tennis star found "a war zone."

"There was grief beyond words," said Jaeger after she returned to her home near Hesperus in southwest Colorado.

Jaeger, 47, who has devoted a lifetime outside of professional tennis to helping children in need, said she drove to Newtown Friday when she heard about the shooting while she was in Staten Island, N.Y. helping families displaced by Hurricane Sandy.

She said she drove into a traumatized town where a temporary morgue had been set up in a freezer truck and where the bodies of the slain children and adults still lay in the crime scene of Sandy Hook Elementary School.

She made her way to churches to offer a shoulder and an ear to traumatized residents. She told some children that she talked to that it was OK to smile again. She bought toys for the schools at a local toy store and she left 27 white roses outside the school for each of the slain.

"Acts of kindness can be far-reaching," said Jaeger of her efforts.

Jaeger is no novice at offering kindness in tragedies involving children.

Her philanthropy began when she was still a young tennis prodigy — the youngest seeded player in Wimbledon history. She played her way to second in the world before retiring from competitive tennis in 1987.

When she was still at the top of her game and traveling the world, she would often deliver toys to children in hospitals. She and a friend started a foundation to help children with cancer when she was barely 15. She was still a teenager when she was playing tennis at Madison Square Garden and took time to travel to White Plains, N.Y., to offer solace to kids and family members affected by a rash of suicides.

In 1996, she hopped a plane to Dublane, Scotland when a former scout leader massacred 16 school children and a teacher. She took the kids gifts and she gave them tennis lessons. One of them was Andy Murray, who survived the shooting, and who is now the top ranked tennis player in England.

More than two decades ago, Jaeger started the Little Star Foundation, which helps children with cancer.

During that time, she nearly took final vows as a Catholic nun, but abandoned that, she said, because she couldn't spend enough time on worldly matters and still be able to fulfill the commitments required of her as a nun. Jaeger said she still carries on the same mission she had as an aspiring nun.

"Each action we do with pure and kind intention has the potential to turn into great things," Jaeger said.

Nancy Lofholm: 970-256-1957, nlofholm

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