Joint venture; LNG export terminal operator
Appears in 1 story
Operational; potential expansion phase under consideration
Shell closed its $16.5 billion takeover of ARC Resources on September 2, giving the British oil major 370,000 barrels of oil equivalent per day from western Canada's Montney basin. ARC shareholders receive CAD $8.20 cash plus 0.40247 Shell shares for each ARC share they owned.
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