Monday, May 28, 2007

UPDATE 1-Pogo Producing to sell Northrock for $2 billion

(Reuters) - Northrock, which includes properties located largely in
Alberta, Saskatchewan and the Northwest Territories of Canada,
produces about 29,000 barrels of oil equivalent per day. It had
about 706 estimated proven reserves as of December 31.




The deal is expected to close in the third quarter. Pogo
said Goldman Sachs Group and TD Securities Inc. would continue
to serve as its financial advisers as it explores other
strategic options.


Read more at Reuters.com Mergers News

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