of litigation and resumption of commercial relations with Transwestern Pipeline Co. Business Editors DALLAS--(BUSINESS WIRE)--Sunrise Energy Services Inc. (ASE:SES), ("the Company") together with its wholly owned subsidiary, Sunrise Energy Co., Tuesday announced that it has reached agreement with Transwestern Pipeline Co. ("Transwestern") for the withdrawal of all regulatory complaints and resolution of existing litigation between the parties. In addition to settlement and dismissal of all litigation, the parties agreed to resume their business transactions and pursue development of new marketing concepts and flexible transportation service arrangements in California (the company's largest market area) and other areas where the company and Transwestern provide service. Vinod K. Dar, chairman of Sunrise Energy Services Inc., said, "The company has resumed an amicable commercial relationship with Transwestern and looks forward to being a major shipper on their system in the years ahead as we continue to expand our merchant role in the California market." Sunrise Energy Services Inc. is a nationwide, non-regulated, retail merchant of natural gas products and services with major offices in Dallas, Houston, the San Francisco area and Washington, D.C., which provides its marketing, logistic and transportation services to end users in 36 states. The common shares of the company are traded publicly on the American Stock Exchange and on the official list of the International Stock Exchange of the United Kingdom and the Republic of Ireland Ltd.
SUNRISE ENERGY CO. ANNOUNCES RESOLUTION
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