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Wysłany: Nie 20:51, 25 Sie 2013 Temat postu: 1B for Celtic's gas operations-spun2 |
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1B for Celtic's gas operations,kevin durant shoes
and Alberta and 42,Peuterey Jacket outlet,000 hectares within the emerging Duvernay shale in Alberta.
"This acquisition will add significant liquids-rich resources to the existing North American unconventional portfolio,jordans 5 for sale," said Andrew Barry,Parajumpers Jacket Outlet, president of ExxonMobil Canada.
Celtic says the offer is going to be subject to review under the Investment Canada Act. This is the same legislation under which Industry Minister Christian Paradis is reviewing China National Offshore Oil Co.'s $15.1-billion offer for Calgary-based oil and gas producer Nexen Inc. to find out whether the deal is of net help to Canada. The prospect of a Chinese state-owned entity controlling a Canadian resource company has become a major political flashpoint in recent weeks. Last week,kevin durant shoes 5 for sale, Ottawa extended its review of the Nexen takeover with a month.
ExxonMobil has been active in Canada because the 1940s,giuseppe zanotti shoes Online. gas giant XTO,discount kevin durant shoes.
"We've been doing a substantial amount of growth since our agreement with XTO here in the United States several years ago. What we should got with XTO was sort of the expertise and the technology,Canada Goose Jacket," said ExxonMobil spokesman Alan Jeffers within an interview from Texas.
In recent years,cheap soccer cleats for sale, ExxonMobil has snapped up acreage in other shale formations throughout The united states,Roger vivier uk, like the Bakken in North Dakota and the Marcellus within the northeastern United States,http://kevindurant4shoesforsale.blogspot.com/, Jeffers added.
The properties that ExxonMobil is acquiring from Celtic produce 72 million cubic feet daily of gas and 4,000 barrels per day of crude, condensate and natural gas liquids.
In the face of prolonged low gas prices,giuseppe zanotti Online, producers have been targeting zones rich in natural gas liquids - an important feedstock towards the petrochemical and plastics industries - more closely track oil prices than those of ordinary dry gas.
"We've said very consistently that our long-term look at gas is it's the fastest-growing fuel source,parajumpers outerwear," said Jeffers. "We've recently,kevin durant shoes for sale, just because from the premium on liquids, concentrated on liquids,2013 kevin durant shoes, but we're still producing gas, we're still acquiring gas and liquids helpful information on development."
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