Canadian NaturCanadian Natural, PrairieSky Royalty Complete Business Combinational, PrairieSky Royalty Complete Business Combination

Transaction Type

Sellers

Canadian Natural Resources Ltd.

Buyers

PrairieSky Royalty Ltd.

Announce Date

Mon, 11/09/2015 - 12:00 PM

Post Date

Dec 23, 2015

Close Date

Wed, 12/16/2015 - 12:00 PM

Estimated Price

CA$1,800.0MM

Description

Bought about 81% of the Calgary, Alberta-based company's royalty assets; includes about 5.4 million acres in W Canada.

Canadian Natural, PrairieSky Royalty Complete Business Combination

Canadian Natural To Sell Royalty Assets For C$1.8 Billion