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Vol. 9, No. 15 Week of April 11, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Kerr-McGee takes Westport Resources in $3.4 billion deal

Ray Tyson

Petroleum News Houston correspondent

Oklahoma’s Kerr-McGee has agreed to take Denver’s Westport Resources in a $3.4 billion stock merger that would boost Kerr-McGee’s reserves by 30 percent and production by 34 percent, while expanding Kerr-McGee’s exposure to North American natural gas. For Westport, the merger would give its shareho....

    [additional news subjects in this story]

Proved reserves up by nearly 30 percent


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