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7G acquired Deep Basin from Paramount for $1.9 billion - 2 Years Ago
Whereas Paramount Resources was active on the buy-side in early 3Q17, it was an active seller in early 3Q16. On July 6, 2016—exactly one year to the day before announcing its Apache acquisition and Trilogy Energy merger, Paramount struck a $1.9 billion deal for the sale of Deep Basin assets to Seven Generations Energy.7G expanded its holdings in the Montney Nest wet-gas play in the Kakwa River area of western Alberta and left Paramount......
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