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Vol. 14, No. 43 Week of October 25, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Canadian trusts face ‘brave new world’

NAL sets standard with 4 deals in recent months as it bulks up prior to joining corporate world once trusts lose tax-free shelters

Gary Park

For Petroleum News

NAL Oil & Gas Trust is rapidly becoming a leader among Canada’s trusts as it settles on a future strategy with barely one year left before losing its tax-free status. It struck an agreement Oct. 13 to take over Breaker Energy for C$403 million (including the assumption of C$93 million in net debt) —....

    [additional news subjects in this story]

Deal follows earlier buys

No single solution

More capital appreciation


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