Report summaryIn April 2007, Shell announced that it had acquired the remaining equity in Shell Canada that it did not already own. In July 2008, as part of a move to strengthen its North American gas portfolio, Shell announced an all-cash offer to acquire Duvernay Oil Corp for Cdn$5.9 billion (US$5.9 billion). Although relatively peripheral in terms of current production (Duvernay produced only 2,300 b/d of liquids and 112 mmcfd of gas in 2007), the transaction provided Shell with a material ...
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