Advertisement
YOU ARE HERE: LAT HomeCollections

ORANGE COUNTY BRIEFLY

March 02, 1994

Saba Petroleum Co.: The firm said Tuesday that it has acquired two options to buy properties owned by its parent company, Capco Resources Ltd. of Calgary, Alberta. Saba could obtain Capco's interest in oil-rich land it recently purchased in Canada for about $3.7 million. The Irvine-based oil and gas company also could exchange stock for Colombian properties owned by Capco. "This fits into our plan to expand outside the United States," said William J. Hickey, vice president of Saba.

Advertisement
Los Angeles Times Articles
|
|
|