Shell Discards Canadian Oil Sands In $8.5 Billion Deal

Transaction Type
Sellers
Basin
Western Canadian
Announce Date
Post Date
Estimated Price
$8,500.0MM
Description

To purchase entire 60% interest in the Athasbasca Oil Sands Project, 100% interest in the Peace River Complex in-situ assets and a number of undeveloped oil sands leases in Alberta. (Expected to close mid-2017)

Shell Discards Canadian Oil Sands In $8.5 Billion Deal