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Sunday, 18 December 2011

Abu Dhabi’s state-run Taqa sells oil and gas production business in Saskatchewan, Canada - The Washington Post

The state-backed Abu Dhabi National Energy Company says it is selling oil and gas businesses in Saskatchewan, Canada.
The company, which goes by the name Taqa, said in a statement to the Abu Dhabi stock exchange Sunday that the properties produce the equivalent of about 4,000 barrels of oil per day.
It didn’t identify the buyer or provide financial terms for the deal.