More Takeovers on the Horizon after Sinopec Deal for Daylight say Analysts
Following a $2.2 billion deal that will see Sinopec acquire Daylight Energy, analysts believe Chinese firms may be poised for a shopping spree in Canada’s natural gas sector.
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China Continuing to Obtain Gas Resources
Monday, February 14, 2011
The recent deal represents the biggest investment to date by a Chinese company in the North American energy sector, appearing to balance demand to develop gas fields at a time when low commodity prices are not providing companies with enough cash flow efficiently. The agreement could underscore greater exposure for resource companies to eventually export shipments to offshore markets.
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Encana’s PetroChina Gas Deal Could Lead to More
Thursday, February 10, 2011
Reuters reports that Encana Corp's (TSE:ECA) shares surged 5 percent on Thursday.
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South Parse: CNG is what I see
Tuesday, October 7, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market News: The American Energy Information Administration (the U.S. Government’s register of official energy statistic) is still forecasting an increase in home heating costs over the winter. The EIA did note that its figures were subject to change as new information about the extent of the [...]
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- Manitok Energy Inc. – Oil and Gas in the Western Canadian Sedimentary Basin
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Monday, October 17, 2011