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Promoting Calgary Inc
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For Immediate Release
Petro-Canada acquisition confirms Calgarys place
on the global stage.
Calgary Inc. President and CEO responds to $3.2
billion deal.
(Calgary Alberta, January 30, 2002) - Georgine
Ulmer, President and CEO of Calgary Inc. says Calgary-based Petro-Canada’s
acquisition of Veba Oil and Gas of Germany confirms Calgary’s status
as a global player.
“This is the second historic deal in Calgary’s
oil and gas sector in just one week,” said Georgine Ulmer, President
and CEO Calgary Inc. “This acquisition shows Calgary companies continue
to compete at an international level and create world-class opportunities
in Calgary.”
Earlier this week PanCanadian Energy Corp. and
Alberta Energy Co. announced a $27-billion merger.
About Calgary Inc.
Calgary Inc. is Calgary's economic development organization whose role
is to work with companies in key economic sectors assisting them in becoming
stronger; this in turn enables them to thrive, compete and expand in the
rapidly changing global economy. Calgary Inc. focuses its work in 7 key
economic sectors: oil & gas, information technology, transportation/warehousing
and logistics, wireless/telecommunications, geomatics, tourism/arts &
entertainment, agriculture/health biotechnology. It provides economic
information and analysis on the Calgary economy identifying strengths,
opportunities, priorities, and target markets. It is also the lead marketing
agency for Calgary responsible for promoting the city as a world-class
business investment opportunity.
For more information
please contact:
Nancy Toombs
Calgary Inc.
403-221-7870
nancy
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