Buys

Calgary-based independent Canadian Natural Resources Ltd. on Friday announced it paid C$280 million for some oil and gas properties in northeast British Columbia and northwest Alberta that complement its existing acreage.

Increasing its ownership to 100%, Houston-based Falcon Gas Storage Co. Inc. said that it has acquired the remaining 50% interest in Greyhawk Gas Storage Co. LLC, owned by a subsidiary of Nova Scotia-based Emera Inc. Terms of the transaction were not disclosed.

Increasing its ownership to 100%, Houston-based Falcon Gas Storage Co. Inc. said Wednesday that it has acquired the remaining 50% interest in Greyhawk Gas Storage Co. LLC, owned by a subsidiary of Nova Scotia-based Emera Inc. Terms of the transaction were not disclosed.

Fort Worth, TX-based Encore Acquisition Co. announced that it has agreed to purchase Cortez Oil & Gas Inc., a privately held, independent oil and gas company, for $123 million.

Looking for avenues in which it can further build its North American natural gas business, Cinergy Canada Inc., an affiliate of Cinergy Corp., said Tuesday that it has acquired the natural gas marketing business and substantially all of the assets of Producers Marketing Ltd. (ProMark) from Canadian Forest Oil Ltd., a subsidiary of Denver-based Forest Oil Corp. Financial terms of the acquisition were not disclosed.

Fort Worth, TX-based Encore Acquisition Co. announced to that it has agreed to purchase Cortez Oil & Gas Inc., a privately held, independent oil and gas company, for $123 million.

TSX Group Inc., the parent company of the Toronto Stock Exchange and TSX Venture Exchange, Canada’s two national exchanges serving the senior equity and public venture equity markets, said Tuesday that it will purchase 100% of NGX Canada Inc., which operates a large natural gas and electricity trading and clearing exchange, for C$38 million. The transaction is expected to close in the first quarter and is subject to regulatory approvals.

TSX Group Inc., the parent company of the Toronto Stock Exchange and TSX Venture Exchange, Canada’s two national exchanges serving the senior equity and public venture equity markets, said Tuesday that it will purchase 100% of NGX Canada Inc., which operates a large natural gas and electricity trading and clearing exchange, for C$38 million. The transaction is expected to close in the first quarter and is subject to regulatory approvals.

El Paso Corp. subsidiaries have sold to an affiliate of FPL Group an option to purchase the development rights of the High Rock liquefied natural gas (LNG) facility on Grand Bahama Island. In addition, FPL Group Resources has obtained an option to purchase a 50% equity interest in the proposed Seafarer pipeline system that will transport natural gas from the proposed Bahamas LNG facility to southern Florida. Terms of the agreements were not disclosed.