El Paso's Canada Gas Assets Fall to Bg

Daily MailFebruary 17, 2004

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Summary


GAS group BG opened up a new front in its attack on the US energy market by buying the Canadian assets of El Paso Oil and Gas for $345.6m (Pounds 183m) cash from the US group, which is heavily in debt.

This gives it 630,000 acres of exploration land in western Canada.

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El Paso's Canada Gas Assets Fall to Bg

It also gets 80m cubic feet of ...

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