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To: CONTANGO who wrote (5131)9/24/1999 9:31:00 AM
From: Stocker  Read Replies (1) | Respond to of 15703
 
Berkley Petroleum's offering raises $125.51-million

Berkley Petroleum Corp
BKP
Shares issued 83,182,123
1999-09-23 close $14.85
Friday Sep 24 1999
Mr. Michael Rose reports
Berkley Petroleum Corp. has closed its previously announced offering of 7.7 million
common shares at $16.30 per share pursuant to its final prospectus dated Sept. 17,
1999. The offering was underwritten by a syndicate of Canadian investment dealers led
by Bunting Warburg Dillon Read Inc. and including Nesbitt Burns Inc., Peters & Co.
Ltd., ScotiaMcLeod Inc., CIBC World Markets Inc., FirstEnergy Capital Corp.,
National Bank Financial Corp., Newcrest Capital Inc. and RBC Dominion Securities
Inc. Gross proceeds were $125.51-million.
Proceeds from the issue will be used to finance Berkley's continuing exploration,
development and acquisition programs.