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Vol. 6, No. 6 Week of June 25, 2001
Providing coverage of Alaska and northern Canada's oil and gas industry


Conoco’s C$9.8 billion offer for Gulf Canada jolts Calgary boardrooms

Offer almost doubles previous largest acquisition; big prizes are 580 million cubic feet per day of gas and foothold in Mackenzie Delta area

Gary Park

PNA Canadian Correspondent

Conoco, with its sights squarely fixed on the Arctic, cranked up the level of cross-border shopping with a record-shattering C$9.8 billion (US$6.5 billion) takeover offer for Gulf Canada Resources. The Houston-based independent sent a seismic jolt rattling through the boardrooms of downtown Calgary....

    [additional news subjects in this story]

Gas, Mackenzie big prizes

Canadian companies “swallowed up”

No government anxiety


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