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Vol. 11, No. 51 Week of December 17, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


Trust merger plan goes down in flames

Gary Park

For Petroleum News

The Canadian government’s plan to tax income trusts has sent one proposed merger down in flames, with Shiningbank Energy Income Fund and Rider Resources bailing out of a C$496 million deal. Unable to obtain government guidance on rules that will govern the trust sector, they announced on Dec. 8 that....

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Guidance promised before Christmas


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