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PrairieSky buying chunk of Canadian Natural royalty holdings for $1.8-billion

2015-11-09 14:43:27| Oil & Gas - Topix.net

Canadian Natural Resrouces is selling a large portion of its royalty assets to PrairieSky Royalty Ltd. for a total of $1.8 billion in stock and cash. The friendly deal will give PrairieSky the equivalent of 6,700 barrels per day of additional oil and natural gas production in Western Canada.

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