Anderson gets bulk of Arctic rights

Article Abstract:

Anderson Exploration Ltd. has picked up the share of exploration licenses for sale in the Canadian Arctic. With 10 licenses covering 510,400 hectares, Anderson is now the No. 1 holder of exploration property in Canadian Arctic. Anderson has been acquiring exploration rights in the area since last September, when it took 40% stack in the Mackenzie Delta. The only problem is of transportation because there are no pipelines serving the area.

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Anderson launches $825-million Numac bid

Article Abstract:

Calgary, Alb.-based Numac Energy Inc. has received a $825 million acquisition bid from Anderson Exploration Ltd. Calgary, Alb.-based Anderson Exploration is the fifth-largest oil and gas company in Canada.

Asset sales & divestitures, Acquisitions & mergers, Crude Petroleum, Mergers, acquisitions and divestments, Numac Energy Inc.

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Anderson falls in heavy trading

Article Abstract:

Shares of Anderson Exploration Ltd. dropped 34 cents on the Toronto Stock Exchange to close at $38.66 as investors worried about the $5.3 billion takeover bid by Devon Energy Corp.

United States, Securities prices, Planning, Securities, Devon Energy Corp., DVN

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