Rus News Journal

Royal Dutch Shell buys Canadian Duvernay for $5,9 mlrd

Britano - the Netherlands company Royal Dutch Shell declared intention to get the Canadian oil and gas company Duvernay Oil Corp. Transaction cost will make 5,9 mlrd the Canadian dollars (5,87 mlrd dollars), including promissory notes of the Canadian company.
as it is informed in a press - release Royal Dutch Shell, company Shell Canada Limited division has offered shareholders Duvernay of 83 Canadian dollars (82,2 dollars) For the action cash.
the offer has been unanimously approved by board of directors Duvernay which were obliged to sell the own actions making in the sum of 18,1 % from Duvernay. Besides, the company board of directors has unanimously recommended to shareholders to sell the actions within the limits of this offer.
now the transaction should meet with approval of antimonopoly bodies.
Royal Dutch Shell - one of the largest oil companies in the world. In Russia the company together with Rosneft in the name of Rosneft - Shell Caspian Ventures Ltd. 7,5 % in the Caspian pipeline consortium (KTK), and also 27,5 % in project SRP " own; Sakhalin - 2 in the person the Shell Sakhalin Holdings B. V . The company also posesses 50 % in the project of development of Salymsky group of oil deposits in Hunts - Mansijsky autonomous region.
oil and gas company Duvernay Oil Corp. Has been based in 2001. Duvernay is engaged in search of deposits and working out of natural gas and oil basically in deep layers of the western Canadian sedimentary pool in Albert`s province and severo - east British Columbia. The main office Duvernay is located in Albert`s province (Canada).