Pacific Enterprises (PE) has entered into a strategic partnership with EAM to jointly develop and acquire international gas and related infrastructure projects. Under their agreement, EAM and PE will work together on projects involving gas transmission, distribution and storage, and on related businesses and projects.

Pacific Enterprises is a $5 billion (assets) energy services company whose principal subsidiary is Southern California Gas Company, the largest gas distribution utility in the United States.

"Eric Zausner and Cordell Hull of EAM bring proven international strategy, development and management skills to our venture," Chris Sherman, President of PE International, said. "Combined with the technology, operations expertise and customer service focus we have developed in the United States, this agreement accelerates our entry into the international gas business."

The two companies are currently pursuing potential major natural gas acquisition and development projects in Latin American countries, the Asia-Pacific region and Europe.

On October 14, 1996, Enova Corporation and Pacific Enterprises jointly announced an agreement, which both boards unanimously approved, for the combination of the two companies. This strategic merger will combine Pacific Enterprises with Enova Corporation, the parent company of San Diego Gas &Electric, a leading energy management company providing electricity, gas and value-added products and services. The new company will have a combined market value of $5.2 billion.