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Canadian upstream deals in play total US$16B
Upstream oil and gas assets worth roughly US$16 billion are on the market as of midyear in Canada, comprising 13% of the total value of upstream deals in play worldwide, according to the Global Energy M&A Database. Oil sands make up the majority of assets for sale at 53%, with the next largest play type being conventional assets with 28%. Unconventional assets in the Viking, Cardium, Montney, Duvernay, Horn River and multiple plays collectively......
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