Burlington Resources continues building northern corridorCompany makes cash bid for gas-rich Canadian Hunter Exploration to become North America’s third-largest gas producer, with special focus on Rocky Mountain region By Gary Park PNA Canadian Correspondent
Houston-based Burlington Resources Inc. ended rampant speculation over the likely suitor for Canadian Hunter Exploration Ltd. with a C$3.3 billion all-cash bid for the Calgary-based company that moves it into the No. 3 spot among North American gas producers, behind only ExxonMobil Corp. and BP p.l.....
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Burlington will step up drilling program Company has acreage across Arctic Deep Basin is major prize
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