WATCHING THE WORLD THE BHP-HAMILTON COMBINATION

With Roger Vielvoye from London BHP Petroleum's decision to acquire the remaining shares in Hamilton Oil Corp. and turn it into a wholly owned subsidiary of the Australian group immediately raised questions about the future of Hamilton's highly successful North Sea operations. In the North Sea, Hamilton Oil & Gas is the original lean, mean operator turning in exceptional exploration results and making money out of small development projects that bigger companies with bigger overheads

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