Shell Canada Ltd. RYAD-F is exiting the Alberta oil sands, swapping its remaining 10-per-cent interest in the Albian mine in the province’s north for a greater stake in an upgrader and carbon ...

CNRL says the growth is in part due to its previously announced US$6.5-billion acquisition of Chevron Canada Ltd.’s interests in the Athabasca Oil Sands Project and Duvernay shale, which was ...

CNRL says the growth is in part due to its previously announced US$6.5-billion acquisition of Chevron Canada Ltd.’s interests in the Athabasca Oil Sands Project and Duvernay shale, which was ...

The $6.5 billion transaction consisted of producing and undeveloped oil sand, liquid and natural gas properties in Alberta province.

Canadian Natural Resources acquires Chevron's oil sands and Kaybob Duvernay assets for $6.5 billion. Read why I think CNQ stock is a buy.

It includes Chevron's 70% interest in the Duvernay Shale and 20% interest in the Athabasca Oil Sands Project.

RBC Capital analyst Gregory Pardy maintained a Hold rating on Athabasca Oil (ATHOF – Research Report) on October 7 and set a price target of C$5.50. The company’s shares closed yesterday at $3.73.

Chevron signed a deal to divest stakes in producing and undeveloped oil sand, liquid and gas properties in Alberta to Canadian Natural for $6.5 billion.

Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale ...

Chevron is selling its assets in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources for $6.5 billion, the oil giant said on Monday as it puts in motion its ...