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Southern Power is responding to the power of the burgeoning population growth in the South. Southern Power Company owns, builds, acquires and markets energy in the competitive wholesale supply business. Southern Power Company develops and operates independent power plants in the southeastern US. Southern Power Company, which is part of Southern Company's Generation and Energy Marketing division, has more than 7,550 MW of generating capacity from its fossil-fueled facilities in Alabama, Georgia, Florida, and North Carolina. Southern Power's electricity output is marketed to wholesale customers in the region.

Southwestern Energy Company was founded in 1929 and is based in Houston, Texas. Southwestern Energy Company engages in the exploration, development, and production of natural gas and crude oil in the United States. Southwestern Energy Company operates in two segments, Exploration and Production, and Midstream Services. The Exploration and Production segment involves in the development of the unconventional gas reservoir located on the Arkansas side of the Arkoma Basin, as well as exploration and production activities in Oklahoma, Texas, and Pennsylvania. This segment also engages in conventional drilling programs in the Arkansas part of the Arkoma Basin; and conducts development drilling and exploration programs in the Oklahoma portion of the Arkoma Basin, Texas and Pennsylvania, as well as operates drilling rigs in the Fayetteville Shale play and in East Texas. The Midstream Services segment engages in the marketing of its own gas production, as well as third party natural gas; and transportation of natural gas. As of December 31, 2008,Southwestern Energy Company estimated proved natural gas and oil reserves were approximately 2,185 billion cubic feet of gas equivalent.

Spindletop Oil & Gas Co. was founded in 1985 and is headquartered in Dallas, Texas. Spindletop Oil & Gas Co., an independent oil and gas company, engages in the exploration, development, and production of oil and natural gas in the United States. Spindletop Oil & Gas Co., through its subsidiaries, holds approximately 90,873 gross acres under lease in six states. Spindletop Oil & Gas Co. also engages in renting oilfield equipments, as well as in gathering and marketing of natural gas. In addition, Spindletop Oil & Gas Co. owns approximately 26.1 miles of pipelines located in Texas, which are used for gathering natural gas, as well as transporting natural gas produced by the company and third parties. As of December 31, 2008, its proved oil and gas reserves were 261,712 barrels of crude oil and condensate; and 13.76 billion cubic feet of natural gas. Spindletop Oil & Gas Co. sells its crude oil and natural gas to oil and gas companies, brokers, pipelines, and distributors.

St. Mary Land & Exploration Company was founded in 1908 and is based in Denver, Colorado. St. Mary Land & Exploration Company, together with its subsidiaries, engages in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in North America. St. Mary Land & Exploration Company primarily operates in the ArkLaTex, the Mid-Continent, the Gulf Coast, the Permian, and the Rocky Mountain regions. As of December 31, 2008, it had estimated proved reserves of 51.4 million barrels of oil and 557.4 billion cubic feet of natural gas.

Stone Energy Corporation was founded in 1993 and is headquartered in Lafayette, Louisiana with additional offices in Houston, Texas, and Morgantown, West Virginia. Stone Energy Corporation engages in the acquisition, exploration, development, operation, and production of oil and gas properties located in the Gulf of Mexico and Appalachia region. As of December 31, 2008, Stone Energy Corporation had estimated proved oil and natural gas reserves of approximately 518.9 Bcfe.With rising oil prices Stone Energy Corporation has been able to acquire more properties. Stone Energy Corporation has sold the bulk of its Rocky Mountain oil and gas properties in order to focus its energy on targeting reserves and production in the deep shelf and deep water areas of the Gulf of Mexico. In 2008 the company acquired fellow Gulf explorer Bois d'Arc Energy for about $1.7 billion.

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