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Vol. 11, No. 41 Week of October 08, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Natural gas price slump threatens cash flows, pay-outs

Gary Park

For Petroleum News

The fallout from the lowest natural gas prices in recent years and bulging storage facilities has surfaced in the latest Canadian takeover. Shiningbank Energy Income Fund landed Rider Resources for C$496 million, hooking 8,800 barrels of oil equivalent per day at C$56,000 per flowing barrel and add....

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Prices may reduce cash distributions


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