BOW VALLEY &lt;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.
  

