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AccessMyLibrary    Browse    O    Oil and Gas Investor    MAR-06    Cal Dive expands in GOM, adding Remington.(Cal Dive International Inc. to acquire Remington Oil and Gas Corp.)

Cal Dive expands in GOM, adding Remington.(Cal Dive International Inc. to acquire Remington Oil and Gas Corp.)

Publication: Oil and Gas Investor

Publication Date: 01-MAR-06

Author: Maxwell, Taryn
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COPYRIGHT 2006 Hart Publications, Inc.

Oil-service company Cal Dive International Inc., Houston, (Nasdaq: CDIS) plans to acquire Dallas-based Remington Oil and Gas Corp. (NYSE: REM) in a cash and stock deal valued at approximately $1.4 billion.

Remington stockholders will receive $27 in cash and 0.436 Cal Dive common share per Remington share, which values Remington shares at approximately...

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