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Posts Tagged ‘Duvernay’

Shell Targets Elusive Gas With Bid

Royal Dutch Shell PLC offered to buy Calgary, Alberta-based Duvernay Oil Corp. for US$5.87 billion, in a move that would bolster its presence in "unconventional" oil and gas, fast emerging as one of the Anglo-Dutch major's key strengths.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell in C$5.9bn Canada gas deal

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Shell in C$5.9bn Canada gas deal

By Ed Crooks In London

Published: July 14 2008 15:30 | Last updated: July 14 2008 20:01


Over a barrel: Shell’s bid illustrates the importance of moving away from oil and into ‘unconventional’ resources

Royal Dutch Shell, Europe’s biggest oil company, has made its first takeover bid since 2006, launching an agreed C$5.9bn (US$5.87bn) offer for Duvernay Oil, a Canadian gas company.

The bid is Shell’s second significant deal in Canada in successive years; last year it bought out the minority interests in its Shell Canada subsidiary for $7.1bn. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell Canada Pays $5.9 Billion for Gas Company

OTTAWA — Duvernay Oil, a natural gas company based in Alberta, agreed on Monday to be acquired by a larger rival, Shell Canada, for $5.9 billion.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell buys Duvernay for ‘tight gas’ assets

The price for Calgary- based Duvernay Oil, founded just seven years ago, surprised the market but Shell is anxious to build up assets of what the industry calls “tight gas” in western Canada.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell looks to Canada to grow

Royal Dutch Shell, Europe’s biggest oil company, has made its first takeover bid since 2006, launching an agreed C$5.9bn (US$5.87bn) offer for Duvernay Oil, a Canadian gas company.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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