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Article: Las Vegas Review-Journal In Business Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 13, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Las Vegas Review-Journal Knight Ridder/Tribune Business News
Sep. 13--MID-POWER BUYS MAXCO OIL STAKE: Mid-Power Services Corp., a Las Vegas power generation and power technology company, on Monday said it bought 70 percent of the issued and outstanding stock of MaxCo Oil Co. Inc., a privately owned oil company in Bakersfield, Calif., with producing oil and gas wells and additional oil and gas holdings in Kern County, Calif.
In a statement, Mid-Power said MaxCo has been producing and exploring for oil and gas in Kern County since June 2000.
Mid-Power said it agreed to pay an undisclosed amount of cash and issue 450,000 shares of Mid-Power ...