Company News - Burlington buys Marathon's half of Netherlands JV

US-based oil and natural gas independents have been actively acquiring or divesting interests in international joint ventures recently.Burlington Resources Inc., Houston, agreed to acquire the remaining 50% interest, which it did not already own, in Clam Petroleum BV from its joint venture partner, Houston-based Marathon Oil Corp., for $100 million.Teton Petroleum Co., Denver, signed an agreement to acquire the Anderman/Smith Overseas Inc. interests in LLC Chernogorskkoye in western Siberia. Anderman/Smith is an affiliate of St. Mary Land & Exploration Co., Denver.In other upstream news:NCE Petrofund Corp., a Calgary-based royalty trust, agreed to buy a package of western Canadian oil and...

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