PG&E TO BUY TEX/CON E&P OPERATIONS

PG&E Resources Co., Dallas, has agreed to purchase Tex/Con Oil & Gas Co., Houston, from parent BP Exploration Inc. for about $400 million. PG&E Resources is a unit of PG&E Enterprises, holding company for Pacific Gas & Electric Co., the biggest U.S. investor owned energy utility. Transok, the Tulsa unit of Central & South West Corp., last month completed purchase of Tex/Con's gas transmission and marketing business for $250 million (OGJ, Oct. 7, p. 44). Remaining assets, covered by the

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