CORRECTED - First Calgary seeks shareholder vote delay

Mon Apr 7, 2008 11:37pm EDT
 
[-] Text [+]

(Fixes spelling of minister's name to Khelil in paragraph 3)

CALGARY, Alberta, April 7 (Reuters) - First Calgary Petroleums Ltd FCP.TO said on Monday it will seek court approval to delay its annual meeting slated for Tuesday until April 18, to give shareholders time to consider a letter of support for its management from the Algerian government.

Dissident shareholders are seeking to oust Richard Anderson, First Calgary's chief executive, in a vote at the meeting, but company spokesman Jeff Angel said the delay would give investors a chance to consider the letter.

The letter, from Algerian Energy Minister Chakib Khelil, expressed concern about possible board changes at First Calgary. (Reporting by Scott Haggett; Editing by Renato Andrade)

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better