A 14.7-million-acre (23,000-square-mile) spread of legacy oil and natural gas properties formed Monday when Canadian Natural Resources Ltd. (CNRL) and PrairieSky Royalty Ltd. agreed to pool their private drilling rights in Saskatchewan, Alberta and British Columbia.
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Articles from Prairiesky
Encana Adds Options With PrairieSky Sale, Says CFO
Encana Corp. put more flexibility in its balance sheet, including the ability to make acquisitions, by agreeing to sell its remaining stakes in PrairieSky Royalty Ltd., CFO Sherri Brillon said Tuesday.
September 9, 2014
Encana’s PrairieSky Climbs 30% in Initial Trading
Canada’s biggest public offering in 14 years, Encana Corp.’s PrairieSky Royalty Ltd., beat back all contenders on the Toronto Stock Exchange Thursday in its debut, closing more than 30% higher than at the open.
May 29, 2014