China raises Canadian stakesSinopec bids for outright ownership of Duvernay shale gas play producer Daylight Energy, testing Canadian foreign investment rules Gary Park For Petroleum News
The Asian roundup of Western Canadian oil and natural gas assets has entered new territory with a C$2.2 billion bid by a unit of Sinopec, one of China’s stable of energy giants, to take over Canadian natural gas producer Daylight Energy.
After two years of investing about C$20 billion in the Alberta....
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Sands transactions OK’d Daylight potential constrained Company of moderate size
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