Gibson Energy Inc GEI.TO :
* GIBSON ENERGY ANNOUNCES $250 MILLION HYBRID NOTE OFFERING
* GIBSON ENERGY INC - IT WILL ISSUE $250 MILLION OF 5.25% FIXED-TO-FIXED RATE SUBORDINATED NOTES DUE DECEMBER 22, 2080
* GIBSON ENERGY - INTENDS TO USE NET PROCEEDS FROM OFFERING TO FUND REDEMPTION OF OUTSTANDING 5.25% CONVERTIBLE UNSECURED DEBENTURES DUE JULY 15, 2021
* GIBSON ENERGY INC - INTENDS TO USE NET PROCEEDS FROM OFFERING TO REDUCE OUTSTANDING INDEBTEDNESS UNDER ITS REVOLVING CREDIT FACILITY