Burmah Oil Company (BP Stock)

HC Deb 03 July 1978 vol 953 c57W

Mr. Hodgson

asked the Chancellor of the Exchequer when he expects to be able to reach a settlement with the Burmah Oil Company in respect of its request for the return of its shareholding of British Petroleum ordinary stock.

Mr. Joel Barnett

The claim by the Burmah Oil Company Limited against

		(a)	(b)	(c)	(d)
		Received	Cleared/withdrawn	Refused	Withdrawn
Year to:
31st March 1973	…	989	848	141	N.A.
31st March 1974	…	972	834	138	N.A.
31st March 1975	…	966	835	131	N.A.
31st March 1976	…	763	641	122	N.A.
31st March 1977	…	841	713	128	N.A.
			(b)
			Cleared
31st March 1978	…	1,119	992	116	11

Many of the applications refused are later resubmitted in revised form and cleared. Detailed figures ate not available.