in this issue
Markets :: Basic Chemicals :: Petrochemicals :: Ethylene
Sasol Announces Second Shale Deal in Western Canada
10:00 AM MST | March 8, 2011 | Lindsey Bewley
Sasol says it will acquire a 50% interest in the Cypress A assets from Talisman Energy’s (Calgary, AB) Cypress A assets at the Montney shale play in British Columbia for C1.05 billion ($1.03 billion). The deal is Sasol’s second shale acquisition in North America, and is expected to close in the third-quarter of 2011. The deal includes 57,000 acres of land covered by Cypress A with an estimated contingent resource of 11.2 trillion cubic feet (tcf). Upon closing of the deal, Sasol will hold an estimated aggregate 10.4 tcf of contingent...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee