BOW VALLEY <BVI> TO SELL NORWEGIAN SUBSIDIARY
Bow Valley Industries Ltd said
it agreed to sell its wholly owned Norwegian subsidiary to Elf
Aquitaine Norge A/S of Stavanger, Norway for 13 mln Canadian
dlrs.
    The principal asset of the subsidiary, Bow Valley
Exploration Norge A/S, is  an eight pct interest in the Heimdal
gas and condensate field offshore Norway.
    The sale is expected to conclude by the middle of April,
Bow Valley said.
 Reuter
