Dome executives jump ship to Pan Cana after Mesa takeover
Five Mesa Canada geologists and landmen led by John Gareau resign and take over Pan Cana Resources after Dome Petroleum buys Mesa Canada's operations. Gareau chooses a small team, aiming to build value directly. Pan Cana assets rise from 22 to 80 million, with shares near 8 dollars.
MENTIONED IN THIS ARTICLE
Financial Times
Dome Petroleum Ltd
Mesa Petroleum Co
Amarillo
Tex
Mesa Canada
John Gareau
Pan Cana Resources Ltd
Gareau
Dome
Pan Cana
Duncan J. Jessiman
Duncan D. Jessiman
Winnipeg
Joseph Rotman
Toronto
Kendall Jennings
Calgary
Hard times ahead for mining and forestry sectors
Canadian mining and forest products face several poor months with a tentative autumn recovery. Analysts warn of soggy forest demand first, while mining may rebound seasonally. US demand and currency shifts shape a bleak near term but cautious long term outlook.
MENTIONED IN THIS ARTICLE
Financial Times
Canada
Brian Topp
Jones, Howard and Co. Ltd
United States
U.S
British Columbia
Ken Greaves
Ontario Forest Industries Association
Cast ships expand to six million deadweight tons by 1980
Cast Transportation founded in 1969 by Frank Narby and Donald Webster now runs 14 ships under the British flag with 25 to 30 charters, totaling about four million tons and six 50 000 DWT container bulk carriers sailing Montreal to Antwerp. Six new container vessels worth 180 million dollars are on order to raise tonnage to six million DWT.
MENTIONED IN THIS ARTICLE
Montreal
Frank Narby
Toronto
Donald Webster
Cast Transportation Ltd
Cast Shipping Services Canada Ltd
Cast
Hugh Macfarlane
Cast Canada
Macfarlane
Antwerp
Belgium
U.S
Yugoslavia
Korea
Eurocanadian
Bermuda
Canada
Cast North American
Eurocanadian Group
Narby
Switzerland
Also Mentioned on This Page
Boeing
United Airlines
Mesa
Medicine Hat
Michael Reid
Walwyn Stodgell Cochran Murray Ltd
Cording
Patrick J. Mars
Alfred Bunting and Co. Ltd
Reid
Crestwood
Webster
Canadian National Railways
Crown
Seatrain
Farrell Lines
North Atlantic
Goma
Betty Shop
St. S.E
W.C.C
Western
Rick Kaminski
Ed Blene
Gifford Woodcock
Redcliff
Cypress
Ann Marshall
Doug Christie
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