B.C. LNG properties sold for $1.5 billion cash to Progress

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http://i.cbc.ca/1.1586739.1379084483!/httpImage/image.jpg_gen/derivatives/16x9_460/hi-bc-121121-pipeline.jpg The deal with Progress Energy, which is owned by Malaysia-based Petronas, involves the sale of three-quarters of Talisman's land holdings in the Montney shale formation, covering the equivalent of about 500 square kilometres in northeastern B.C.


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