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Vol. 11, No. 32 Week of August 06, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Canada energy trusts seize the moment

Three deals worth a combined C$2 billion indicate positive long-term view of natural gas despite a depressed pricing period

By Gary Park

For Petroleum News

Three Canadian energy trust transactions in the space of three days involved almost C$2 billion in the latest round of mergers in the sector as dealmakers apparently decided the time may be ripe to pick off some natural gas assets. Pengrowth Energy Trust spent C$1.1 billion to buy Esprit Energy trus....

    [additional news subjects in this story]

Pengrowth paying $18.50 per boe

True pays 16% premium


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