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Chevron Sells 30% Stake in Canadian Shale Assets

2014-10-06 16:59:28| Energy - Topix.net

Chevron Corp said it would sell a 30 percent stake in its Duvernay shale properties in Canada to Kuwait Foreign Petroleum Exploration Co for $1.5 billion. Chevron's Canadian subsidiary has exploration leases for about 330,000 net acres in the Duvernay shale formation.

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Linn Energy to sell $2.3bn worth of shale assets in US

2014-10-06 01:00:00| Hydrocarbons Technology

US-based oil and natural gas firm Linn Energy has agreed to sell its shale assets in Texas and Oklahoma for a total of $2.3bn.

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Linn Energy selling some assets for $2.3 billion

2014-10-03 19:55:57| Energy - Topix.net

Linn Energy is selling several assets for $2.3 billion, with proceeds likely to be used to finance its purchase of some U.S. oil and gas properties from Devon Energy Corp. Linn Energy said Friday that it signed a deal to sell its entire position in the Granite Wash and Cleveland properties in the Texas Panhandle and western Oklahoma to affiliates of EnerVest Ltd. for $1.95 billion. It is also selling its Wolfberry positions in the Permian Basin to Fleur de Lis Energy LLC for $350 million.

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Linn Energy selling some assets for $2.3 billion

2014-10-03 16:43:25| Oil & Gas - Topix.net

Linn Energy is selling several assets for $2.3 billion, with proceeds likely to be used to finance its purchase of some U.S. oil and gas properties from Devon Energy Corp. Linn Energy said Friday that it signed a deal to sell its entire position in the Granite Wash and Cleveland properties in the Texas Panhandle and western Oklahoma to affiliates of EnerVest Ltd. for $1.95 billion. It is also selling its Wolfberry positions in the Permian Basin to Fleur de Lis Energy LLC for $350 million.

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Severstal Completes Sale of Steelmaking Assets

2014-10-02 01:06:32| Steel - Topix.net

Severstal has completed the sale of its Columbus and Dearborn facilities to Steel Dynamics and AK Steel. The move marks the exit of Russia's Severstal from North American steel production.

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