	pancanadian to sell british interests pancanadian petroleum ltd said it agreed to sell its working interest in its north sea properties and its british unit canadian pacific oil and gas of canada ltd to whitehall petroleum ltd a private british company pancanadian pct owned by canadian pacific ltd cp said it would receive mln british pounds cash mln canadian dlrs at closing expected in two to three months it said the deal is subject to approval by regulators and its partners in the properties which consist of exploration wells it will also retain a royalty interest in the properties reuter 
