MORE U.S. PRODUCTION CHANGES HANDS

More U.S. oil and gas production is acquiring new owners as some operators scale back operations and others see opportunities for growth. It's part of a continuing program of adjustment to a depressed economy in the petroleum industry (OGJ, July 13, p. 14). In the latest announcements: Forest Oil Corp., Denver, agreed to acquire Transco Energy Co. subsidiary Transco Exploration & Production Co. (Tepco), Houston, for $45 million effective last Mar. 1. Certain Tepco assets will be retained

Jul 20th, 1992
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Companies