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Shell Canada divesting 551 Alberta sections, 113 NE BC sections

July 14, 20159:56 AM James Rose

Sayer Energy Advisors has been engaged to assist Shell with the sale and/or farmout of its undeveloped lands located in the Del Bonita, Pincher Creek, Fairview/Worsley and Rainbow/Zamaareas of Alberta and at Eskai and Akue in northeastern British Columbia (the “Properties”).

In total, the Company is divesting a 100% working interest in 141,112 hectares of land (551 sections) in Alberta and a 30%-100% working interest in 113 natural gas spacing units (19,508 net hectares) in northeastern British Columbia.

For each property, Shell has decided to allocate resources elsewhere and not pursue further development.

For more information, visit the BOE Report’s property listing page.

Shell_divestiture

 

Shell

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