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Energy West gets 83 percent of Cut Bank utility

By The Associated Press

Story Created: Nov 5, 2009 at 10:54 PM MST

Story Updated: Nov 5, 2009 at 10:54 PM MST

GREAT FALLS - Energy West Inc., a natural gas and energy marketing company in Great Falls, has bought 83% of the outstanding shares of Cut Bank Gas Co., a natural gas utility serving Cut Bank.

The deal, which was announced Thursday, was approved earlier in the week by the Montana Public Service Commission. Company officials say they're seeking acquisition of the remaining 17% shares of Cut Bank Gas, which serves about 1,500 customers.

Energy West is a subsidiary of Energy, Inc., which distributes and sells natural gas to about 37,000 customers in Montana, Wyoming, North Carolina and Maine.

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