Word: waidelich
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Dates: during 1981-1981
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...real victims of the program, of course, are the U.S.-owned oil and gas companies that have invested approximately $10 billion in Canadian petroleum, gas and other energy enterprises. Complains Charles J. Waidelich, president of the Tulsa-based Cities Service Company...
...alternative merger partner, or so-called white knight, to thwart Seagram's plans. His first choice was Tulsa-based Cities Service, an oil company less than half Conoco's size but with exploration rights to 10 million U.S. acres. Readily agreeing to talk, Cities Service President Charles Waidelich met with Bailey at New York City's Waldorf-Astoria hotel to draw up a merger plan...
...fact, quiet talks were actually going on only with Tulsa-based Cities Service, whose president, Charles Waidelich, had rushed from Oklahoma to a hotel suite at New York's Waldorf-Astoria for private meetings with Conoco's Bailey. Cities Service was seeking a merger for a reason surprisingly similar to Conoco's: to avert an attempted takeover of its Canadian oil and gas properties by another Canadian company, Nu-West Group Ltd., an Alberta real estate and energy exploration firm. Though less than half Conoco's size, Cities Service holds exploration rights to 10 million acres...