WESTCOAST PROPOSES TO ACQUIRE NUMAC

Westcoast Petroleum Ltd., Calgary, plans to acquire Numac Oil & Gas Ltd., Edmonton, in a trade valued at about $239 million (Canadian). Numac Pres. Stewart McGregor said the combined company will be large enough to expand Westcoast's operations in Indonesia and Libya and to consider prospects in China. The deal would give the merged company production of 18,028 b/d of oil and 113.4 MMcfd of gas. It would have combined reserves of 72.9 million bbl of oil and 738.3 bcf of gas. Westcoast

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