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Vol 7, No. 21 Week of May 26, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Canadian Natural Resources snaps up northern assets from stumbling Rio Alto

C$2.4 billion deal covers natural gas properties in northern Alberta, British Columbia; Canadian Natural also ready to file plans for C$4.9 billion oil sands project

Gary Park

PNA Canadian Correspondent

Canadian Natural Resources Ltd. has pushed itself into the forefront of Canada’s northern oil and natural gas players by announcing a deal to acquire Rio Alto Exploration Ltd. along with its intention to seek regulatory approval for a C$4.9 billion oil sands project. The C$2.4 billion offer for the....

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Gas exposure 55 percent

Another consolidation


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