Unocal Corp. and Titan Exploration, Inc. announced an agreementto merge Unocal’s oil and gas exploration and production assets inthe Permian and San Juan basins with Titan last week. The newcompany, Pure Energy Resources Inc., is expected to be formed aftera Titan shareholder vote during the first quarter of 2000. Unocaland Titan expect the new company to have a balance sheet valuedbetween $800 and $900 million.
Merges
Articles from Merges
Unocal Merges Permian and San Juan Assets with Titan
Unocal Corp. and Titan Exploration, Inc. announced an agreementto merge Unocal’s oil and gas exploration and production assets inthe Permian and San Juan basins with Titan yesterday. The newcompany, Pure Energy Resources Inc., is expected to be formed aftera Titan shareholder vote during the first quarter of 2000. Unocaland Titan expect the new company to have a balance sheet valuedbetween $800 and $900 million.
December 15, 1999
Cameron McKenna Merges With Morley Caskin
The small Washington energy law firm Morley Caskin has joinedthe international ranks, merging with the 700-lawyer British firm,Cameron McKenna. Morley Caskin attorneys Joel Zipp and GeorgeWilliams Jr. are among the six lawyers being added to the largerfirm’s Washington office. The move was official Sept. 1, but willnot be physically accomplished until offices are ready next month.
September 14, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
