Williams and Barrett move forward on merger

Petroleum News Alaska Staff

Barrett Resources Corp. has set an Aug. 2 special meeting of its stockholders to approve its merger with Williams.

The companies began mailing the proxy statement-prospectus July 3 to Barrett stockholders of record as of July 2.

Pending approval by Barrett stockholders, Williams and Barrett expect to complete the merger within one or two days following the special stockholder meeting.

Williams signed a definitive merger agreement with Barrett on May 7.

Williams, through its subsidiaries, connects businesses to energy, delivering innovative, reliable products and services.

Barrett is an independent oil and natural gas exploration and development company that is also involved in natural gas gathering, marketing and trading activities.