After an unusually active first quarter dominated by the Permian, M&A activity in the first portion of the second quarter is expanding with the Canadian upstream seeing one trade of unusual size: ConocoPhillips exited the Canadian oil sandsunusually : ConocoPhillips exited the Canadian oil sands.ConocoPhillips sold its Canadian oil sands and most of its Deep Basin assets to Cenovus Energy for $13.3 billion (PG. 1), the largest deal in the global upstream sector since......
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