AEC bids for rest of pipeline

Article Abstract:

Calgary, Alb.-based TransCanada PipeLines Ltd. will sell its 50% stake in the Express Pipeline System to Alberta Energy Company Ltd. for $90 million. Calgary, Alb.-based AEC also will assume $295 million in TransCanada's debt.

Natural Gas Distribution, Gas Transmission, Natural gas transmission, Gas transmission industry, TransCanada PipeLines Ltd., TRP, Alberta Energy Company Ltd.

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EnerMark to acquire Cabre

Article Abstract:

EnerMark Income Fund will acquire Calgary, Alb.-based Cabre Exploration Ltd. for $350 million in stock. Calgary, Alb.-based EnerMark, which is a royalty trust, will increase its production by over one-fifth through the deal.

EnerMark Income Fund, Cabre Exploration Ltd.

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Shareholder abandons bid for Hurricane

Article Abstract:

Central Asian Industrial Holdings NV cancels its bid for Hurricane Hydrocarbons Ltd.

Netherlands, Financial Holding Companies, Offices of Bank Holding Companies, Holding Offices, Financial services industry, Financial services, Central Asian Industrial Holdings N.V., Hurricane Hydrocarbons Ltd.

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