OIL & GAS: Pay for the Piper

OIL & GAS

When Texas Oilman Clint Murchison was asked last March what he considered the major achievement of his life, he replied: "I'm still trying to accomplish it in this Canadian pipeline, which I am trying to consummate to a final conclusion successfully." Last week Murchison's major achievement moved a long pipe length closer to successful consummation.

Through his Canadian Delhi Petroleum Ltd., Murchison has control of i 1trillion cu. ft. of gas underground in Alberta. In combination with other gas interests, Delhi formed the Trans-Canada Pipelines Ltd. to build a line across...

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