Peyto Exploration to acquire Repsol Canada for US$468mn
The acquisition will add 1.5 trillion ft3 of proved plus probable natural gas reserves. [Image: Peyto Exploration & Development]
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The acquisition will add 1.5 trillion ft3 of proved plus probable natural gas reserves. [Image: Peyto Exploration & Development]
Acquisition from Lucid Energy encompasses 600,000 dedicated acres in the Delaware Basin.
The Australian gas producer said that Posco International deal is expected to complete in late March.
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