***
OFFER TO PURCHASE ***
SMK
Information Service offers to purchase shares of PanCanadian Energy
Corporation common stock (Cusip # 69831A107) (NYSE: PCX) from holders of
1 or more shares, but fewer than 100 shares (1 – 99), held as of the
record date 12/14/01.
TERMS:
Holders will receive the price per share determined at the close
of business on the date of transfer less a processing fee of $1.50 per
share.
This
offer will expire on 4/19/02 (5:00 PM EST).
There is no protect period or withdrawal privilege available.
A
maximum number of 7,500 shares per week will be accepted on a first come
basis, any shares exceeding this number will be carried over to the
following week. SMK
Information Services reserves the rights to extend, amend, and/or
terminate the program at any time with or without notice, as well as the
right to reject or waive any irregularities of any transmittal not in
proper order.
Holders
may purchase shares to increase holdings to 100 shares no
deposit is required.
The price per share will be determined on a
transaction-by-transaction basis
plus a $1.50 per share processing fee.