Petro-Canada acquires Prima Energy
Don Whiteley Petroleum News contributing writer
Following in EnCana Corp.’s footsteps, Petro-Canada has gained a foothold in the U.S. Rockies natural gas region with an acquisition (subject to shareholder approval) of Denver-based Prima Energy Corp.
The Canadian energy giant announced June 8 it would pay US$534 million (US$39.50 per share) for Pr....
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