Trimark supports Tarragon takeover offer
Article Abstract:
Trimark Investment Management Inc., the second-largest shareholder in Tarragon Oil and Gas Ltd., expressed its support on the takeover bid of C$1.04 billion by USX-Marathon Group of Houston, TX. Trimark, which holds 11.13 million Tarragon shares, said it approves of the offer considering that it came during a period of low oil prices. USX-Marathon's vice chairman and president of Marathon Oil Co., Victor Beghini, said that the company has no intention to share ownership of Tarragon with Unocal Corp., the biggest stakeholder in Calgary, Alberta-based Tarragon.
Comment:
Supports the takeover bid of C$1.04 billion by USX-Marathon Group for Tarragon, where it is the second-largest shareholder
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Atlantic Canadian firms need self esteem, report says
Article Abstract:
Companies in Atlantic Canada should strive to become 'world class' to corner the region's lucrative oil and gas contracts, according to a study by the Newfoundland Ocean Industries Assn, Metalworking Assn of New Brunswick and Offshore Technologies Assn of Nova Scotia. The report says attitudes toward locals should be overhauled, noting that some Atlantic Canadian companies are themselves reluctant to work with others from their own community.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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Oil firm chief's pay packets tumble
Article Abstract:
Talisman Energy Inc Pres and CEO James Buckee received almost C$903,000 in compensation in 1998, down 61% from C$2.32 mil in compensation in 1997. The most recent proxy circular of the company indicates tht Buckee did not cash in any stock options in 1998. Meanwhile, Ranger Oil Ltd Pres and CEO Frederick Dyment received C$402,305 in compensation in 1998, down 51% from over C$819,500 in compensation in 1997.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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