Company News: Cal Dive International to buy Remington Oil & Gas

02/20/2006
Cal Dive International Inc., a Houston marine contractor with interests in oil and gas production, agreed to buy Remington Oil & Gas Corp. last month for $1.4 billion in cash and stock. Closing, expected during the second quarter, remains subject to approval by regulators and Remington shareholders.Other recent company acquisitions include:• Noble Energy Inc. has agreed to buy United States Exploration Inc., a privately held company in Billings, Mont., for $411 million.• West Siberian Resources Ltd., Stockholm, is to pay $140 million to acquire a company that produces oil in Russia’s Volga-Ural region.• W&T Offshore Inc. agreed to buy all of Kerr-McGee C...
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