Canadian Natural Resources buying Chevron’s Alberta assets for US$6.5B
Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale.
· Calgary HeraldCALGARY – Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.’s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion.
Canadian Natural Resources buying Chevron’s Alberta assets for US$6.5B Back to video
“These assets are a great fit for Canadian Natural and will allow us to further implement our strong operating culture and drive significant value for shareholders,” Canadian Natural president Scott Stauth said in a statement Monday.