25 April 2024
Sinopec to acquire Canada’s Daylight for $2 billion
Publication date: 10 October 2011
Gas Strategies Group
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China’s Sinopec is buying Canadian oil and gas company Daylight Energy for $visual_editor.1 billion. Daylight owns unconventional gas and liquids fields in the highly prospective Deep Basin area of Alberta and north-eastern British Columbia, which Daylight calls “one of the primary natural gas development areas in North America”.