COMPANY NEWS: Toreador Resources to acquire Pogo Hungary

06/20/2005
Toreador Resources Corp., Dallas, agreed to buy Pogo Hungary Ltd. for $9 million in a transaction that will mark Toreador’s entry into Hungary. Pogo Hungary is a subsidiary of Pogo Producing Co., Dallas.In other recent company news: Another of China’s largest oil concerns acquired an equity interest in a Canadian company that plans a production project in the Alberta oil sands. Range Resources Corp., Fort Worth, agreed to acquire oil and gas properties in the Permian basin for $116.5 million through its purchase of privately held Plantation Holdings II LLC. Gaz de France has acquired 51% of Romanian natural gas distribution company Distrigaz Sud, bolstering GDF’s positio...
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