PetroCorp's growth spurt results in its pending sale to Unit

PetroCorp Inc has grown rapidly by acquiring oil and natural gas producing properties in the US and Canada.That caught the attention of Tulsa rival Unit Corp., which is buying PetroCorp for $182 million (OGJ Online, Aug. 15, 2003). PetroCorp Pres. and CEO Gary R. Christopher Click here to enlarge imageGary R. Christopher, PetroCorp president and CEO, declined to be interviewed, saying the company is in a "quiet period" because of the pending transaction, expected to be finalized in November.Formed as a privately held company in July 1983, PetroCorp currently focuses on the acquisition, exploration, and development of oil, natural gas, and NGL reserves in Oklahoma, Texas, Mississippi, ...

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