Advertisement

ENERGY

<i> Times Staff and Wire Reports</i>

Maxus Energy Reveals Talks: The Dallas-based oil and natural gas producer said it is discussing possible transactions involving an equity stake amid speculation that it would be taken over. It said the talks are in a preliminary stage and that it was making the disclosure in response to recent news stories and analyst conjecture. Amoco Corp. was named as a possible suitor Tuesday by Platt’s Oilgram News, a respected industry newsletter. A spokesman declined to say who the talks were with. The statement said talks were with “various parties” and involved an equity stake in either the company or its subsidiaries.

Advertisement
Advertisement