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Vol. 11, No. 37 Week of September 10, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Total takeover trial

Total's Deer Creek Energy deal headed for court; New York activist investor says C$1.67 billion acquisition not ‘fair value

Gary Park

For Petroleum News

Whether or not France’s Total got a steal of a deal when it scooped up oil sands minor Deer Creek Energy last year is headed for court in Alberta. New York-based activist investor Paulson & Co. is alleging Total did not pay “fair value” in the C$1.67 billion acquisition which gave it an 84 percent s....

    [additional news subjects in this story]

Total plans production beginning in 2010


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