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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: RIK who wrote (5139)6/4/1998 5:20:00 PM
From: RIK  Read Replies (1) of 24921
 
ALL / ANDERSON

NEW YORK, June 4 (Reuters) - U.S. independent oil company Apache Corp on Thursday denied repeated talk that it would launch a bid for Canada's Anderson Exploration (AXL.TO - news).

Anderson stock surged to a high of $18.75 on renewed talk that a U.S. oil company would launch a bid for it, with Apache heading the list.

''We are still not buying Anderson,'' a spokesman for Apache said.

Along with Apache, Coastal Corp (CGP - news) had also been rumored to be a bidder, but Coastal denied interest too.
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