PrimeWest Energy Trust lands Calpine assetsCalpine joins American exodus from Western Canada as energy trust makes complex deal for U.S. power producer’s assets Gary Park Petroleum News Calgary Correspondent
PrimeWest Energy Trust has tightened its hold on one of the top rungs in Canada’s income trust sector by grabbing the assets of another U.S.-based company fleeing Western Canada.
The C$825 million deal with power producer Calpine bolsters PrimeWest’s portfolio by 14,500 barrels of oil equivalent per....
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Sales will help pay for acquisitions Calpine acquisitions began in 2000
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