Amoco Canada Petroleum Co Ltd

A confidential study commissioned by some unsecured creditors of Dome Petroleum Ltd. has found the financially troubled company is worth at least $385 million more than Amoco Canada Petroleum Co. Ltd. is offering, bank sources said. The study was presented to unsecured lenders at meetings late last month in New York and Paris to help them assess the terms Amoco has proposed for their Dome loans--worth an estimated $615 million or roughly one-eighth of Calgary-based Dome's total $4.

Offshore Technology Conference organizers announced plans to meet annually though 1994 in Houston, the original site of the international petroleum gathering. The 21st annual meeting drew an estimated 26,000 participants, said T. Don Stacy, president of Amoco Canada Petroleum Co. Ltd. and chairman of the OTC. The board had considered whether to stage the meeting once every other year and also whether to move the meeting location, possibly to New Orleans or London. "Since OTC has historically been, and is today, the premier event serving this global industry, we will continue our conference and exhibition on an annual basis for the foreseeable future.

The race to build a natural gas pipeline to California heated up Friday when Southern California Gas Co. announced an agreement to buy gas from the Altamont pipeline project, which would bring gas from Canada to Wyoming. At the same time, the Kern River Gas Transmission Co., which is proposing its own pipeline from Wyoming to California, said it had agreed to transport Altamont's gas on the final leg of its journey south.

A confidential study commissioned by some unsecured creditors of Dome Petroleum Ltd. has found the financially troubled company is worth at least $385 million more than Amoco Canada Petroleum Co. Ltd. is offering, bank sources said. The study was presented to unsecured lenders at meetings late last month in New York and Paris to help them assess the terms Amoco has proposed for their Dome loans--worth an estimated $615 million or roughly one-eighth of Calgary-based Dome's total $4.