El Segundo, CA-based Unocal Corp. said last week that it is seeking prospective purchasers for the sale of its Northrock subsidiary’s Western Canada crude oil and natural gas exploration and production assets. Unocal said the assets would not include the company’s midstream and storage assets in Canada.
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Unocal Puts Western Canada E&P Assets on the Block
El Segundo, CA-based Unocal Corp. said Tuesday that it is seeking prospective purchasers for the sale of its Northrock subsidiary’s western Canada crude oil and natural gas exploration and production assets. Unocal said the assets would not include the company’s midstream and storage assets in Canada.
Unocal-Contracted Helicopter Still Missing Over the Gulf
El Segundo, CA-based Unocal Corp. said Wednesday that it has yet to locate an Era Aviation helicopter that went missing Tuesday night around 7:15 p.m. CST. The producer lost contact with the Sikorsky S76 helicopter while it was en route to a drilling location in the Gulf of Mexico.
Unocal Opens Exchange Offer to Acquire Pure Resources
Two weeks after announcing its intentions to acquire the remaining shares of Pure Resources Inc., El Segundo, CA-based Unocal Corp. on Thursday said it has commenced the exchange offer to shareholders of Pure (see Daily GPI, Aug. 21). Under the offer, Unocal said it is seeking the 35% of outstanding common stock in the company that it does not already own.
Unocal Opens Exchange Offer to Acquire Pure Resources
Two weeks after announcing its intentions to acquire the remaining shares of Pure Resources Inc., El Segundo, CA-based Unocal Corp. last Thursday said it has commenced the exchange offer to the shareholders of Pure. Under the offer, Unocal said it is seeking the 35% of outstanding common stock in the company that it does not already own.