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Transactions

Aug. 14, 2001

Pillsbury Winthrop: MITSUBISHI GRABS SHARE OF OFFSHORE NATURAL GAS FIELD

Japan's Mitsubishi Corp. has acquired a unit of Los Angeles' Occidental Petroleum Corp. holding a 16.3 percent interest in natural gas fields off the shore of Indonesia. The price for the Tangguh natural gas fields was $480 million.

        Japan's Mitsubishi Corp. has acquired a unit of Los Angeles' Occidental Petroleum Corp. holding a 16.3 percent interest in natural gas fields off the shore of Indonesia. The price for the Tangguh natural gas fields was $480 million.
        Mitsubishi Corp., based in Tokyo, is a trading company. Its seven business groups - New Business Initiatives, Information Systems & Services, Fuels,...

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