Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerm Yerman who wrote (518)	10/16/1996 7:59:00 AM
From: Kerm Yerman	of 24922

CANADIAN OILPATCH / LEGAL WAR Seven producers taking Pan-Alberta to court October 16, 1996 Pan-Alberta Gas Ltd. is being sued by seven well-known producers for $5 million, although the damages claimed could exceed $50 million. The plaintiffs include Anderson Exploration Ltd., Gulf Canada Resources Ltd., PanCanadian Petroleum Ltd., and Talisman Energy Inc. Pan-Alberta is an affiliate of both NGC Corp. of Houston and Nova Corp. of Calgary. The seven producers allege that Pan-Alberta breached contracts, depriving them of the best available prices for their natural gas."We're aware of the statement of claim, and we're investigating it," said Nova spokesman Paul Clark. "We will vigorously defend ourselves but are unable to comment further at this time." ÿ ÿ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next