CANADA OIL PATCH
November 1st, 2001
BY MONCA DOBIECONCERNS raised by some newspaper pundits over the recent Americanisation of Canada's western oil fields are unfounded, according to both industry analysts and the federal government in Ottawa.Columnists have raised their eyebrows about a series of deals in the past 10 months which has seen a clutch of key Alberta oil companies being taken over by large US rivals.Canadian Hunter was the latest substantial player to change hands, two months ago, in a CND$3.3 billion deal with Burlington Resources.Other agreements that have gone ahead in an estimated ...
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