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Page 6B/The Battalion/Thursday, August 30, 1984
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846-0629
Moving can be a trauma
Expert says its hard for children
United Press International
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DENTON — A counseling spe
cialist at North Texas State Univer
sity is urging school officials and
parents to give special treatment to
children who recently moved be
cause to the children, the change
could be as serious as a death in the
family.
trauma young people — especially
teenagers — face in a move.
Strother is the mother of a 16-
year-old boy who left his father and
relatives to join his mother in Den
ton two years ago.
thought it would be painful for him,
but I didn’t realize how long the
process would take for him to feel a
part of what’s going on.”
program can
Dr. JoAnna Strother, who earned
her doctorate in education from
West Virginia University in Morgan
town, W.Va., leads a staff of counsel
ors at NTSU’s Pupil Appraisal Cen
ter, where many young people who
havejust moved come for help.
Her academic training and pro
fessional experience account for
only part of her sensitivity to the
“Moving, for an adolescent, is a
loss just like a death or the end of a
relationship,” said Strother.
As a professional counselor, she
expected some difficulty. As a
mother, she discovered that the
process of making friends, breakirig
into a peer group and no longer
missing old friends can take literally
years.
“I saw (my son) go through seve
ral stages,” she said. “It has taken a
couple of years to go through this. I
Strother urges elementary and
secondary school officials to make
special provisions for a new child.
Among her suggestions are arrang
ing for the new student to have a
buddy with whom the newcomer can
walk or ride to school, begin classes
and eat lunch.
She also urges parents to spend
time at the school with their child, ei
ther in class or as a helper or volun
teer so the child knows the parent is
nearby and available.
However, there is a limit to what
even the best
Strother said.
“No program is going to makeii
free of anxiety, but it can speed tlit
healing process,” she said.
The Pupil Appraisal Center,
which is run by Dr. Lance Gentile,
includes facilities for testing stn.
dents’ reading, speech skills and
hearing. Gentile helps students im
prove tneir reading.
Strother is helped by seven coun
selors, all doctoral candidates, who
engage the very young in “play the
rapy” and do individual and familt
counseling.
The center services young people
in Denton and surrounding coun
ties, including the Dallas-Fort Worth
area.
Dome Petroleum talks of equity issue
United Press International
NEW YORK —- Dome Petroleum
Co., the embattled Canadian energy
giant, still is debating whether to
market a new equity issue that is cru
cial to the completion of its $5.2 bil
lion debt rescheduling plan.
On Aug. 1 Dome signed the larg
est debt rescheduling agreement in
corporate history, with 53 lenders in
Canada, the United States, Europe
and the Far East, that extends $5.2
billion of debt over a 12-year period.
But the entire debt package is
contingent upon Dome’s launching a
public offering by Oct. 5 that would
attempt to raise about $350 million
to maintain capital expenditures and
provide cash assets.
“We’ll only go to market if there is
a reasonable chance of success,” said
Dome Chairman J. Howard Mac
donald. “If we don’t, we’ll go back
and talk to our creditors, who have a
common interest in reaching a solu
tion. It won’t be the end of the
world.”
Dome, Canada’s sixth largest oil
and gas company based on petro
leum reserves, made a preliminary
filing with Canadian and U.S. regu
latory authorities June 11 that used
one common share and half a war
rant as an example of a possible of
fering.
“This would not be a share for
widows or orphans,” said Macdon
ald, a 56-year-old Scotsman who
moved into the top slot at Dome’s
Calgary headquarters last October
from the treasurer’s post at the
Royal Dutch-Shell Group.
The new equity issue would be tar
geted at “the sophisticated investor
who has an understanding of the re
wards and also the risks,” he said.
“We have been advised that this ap
proach appeals to a large number of
people.”
Macdonald said Dome will update
its filing “by the end of the month
and make up our mind whether to
go to market.”
If Dome decides an equity offer
ing is inopportune, “we would ask
our creditors for more time and wait
to see what the financial markets
do,” he said.
Macdonald, who drew up the debt
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rescheduling plan two months after
joining Dome, believes the company,
with assets of $8.2 billion and 1983
revenues of $2.93 billion, has “a fi
nancial timing problem.”
His proposal, which was agreed to
by creditors with only minor
changes, gives Dome the flexibilty to
stretch out debt repayments to more
closely match its cash flow. The plan
also frees adequate funds for re
investment.
For its part, Dome agreed to sell
off non-essential assets and to re
duce costs.
“We’re now taking the company
back to basics — the oil and gas ousi-
ness — and getting rid of all the
fringe stuff,” Macdonald said.
Dome, founded in 1950, began
acquiring other oil and gas concerns,
pipelines, mining interests and a
shipbuilding company in rapid suc
cession in the 1970s.
The merger mania ended with
Dome’s takeover of Hudson’s Bay
Oil and Gas in September 1982
which overextended the company
and pushed debt as high as $8 billion
in face of world oil demand
and declining prices.
Macdonald blames Dome’s nil
away growth on “the assumptionol
prices would go ever higher."
Today Dome, Canada’s seconi
largest land owner, is focusing on
domestic oil and gas explorationasi
development, heavy oil production,
transportation and marketing of
natural gas liquids, and contractdri
ling in the Beaufort Sea.
Dome has sold off its U.S. oilaoJ
gas holdings and is in the processol
selling its interests in SovereignM
8c Gas, mining ventures anditsshi^
building subsidiary.
“We nave tightened the manage
ment considerably, reduced out
overhead and changed the boardol
directors quite a bit,” Macdonald
said.
Dome narrowed its losses in tin
second quarter of 1984 to $61.6 mil
lion from $86 million a year earliei
on higher revenues.
“Dome’s progress so far has not
been unreasonable,” Macdonald said
with a twinkle. “But we’ve still gota
fair bit to go.”
r
Books & More
Parkway Square
Texas Avenue & Southwest Parkway
Between Kroger and Baskin-Robbins
Reference S1.00 to S5.00
Paperbacks H Price
Trade Books Vi Price
Records SI .98 up
Tap«s S2.98 up
Auie Souvenirs
Mon.-Sat. 9am-9pm
Sun. noon-6pm
Texas A&M Mens
Intercollegiate Soccer
Mandatory Organizational Meeting
Aug. 31
Friday 5:00 pm Room 167 East Kyle
Officer Elections
Discuss fall Activities
If attending pL .se call Chuck
Holder 260-1294 or Dave Evan 764-8154
is getting
around...
CAMPUS CRUSADE FOR CHRIST
A weekly meeting designed to help Christians learn
how to experience a more abundant Christian life
and learn how to communicate their faith to others
effectively.
MEETS
Friday, 7 p.m.
Rudder Tower - Room 701
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