Peyto to buy Repsol’s Canada unit for $468 mln ...Middle East

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Peyto to buy Repsol’s Canada unit for $468 mln
source : canadian news today ( Middle East ) () 64
The logo of Spanish energy group Repsol is seen at a gas station in Vecindario, on the island of Gran Canaria, Spain, October 26, 2022. REUTERS/Borja Suarez/file photo Acquire Licensing Rights Sept 6 (Reuters) – Canadian natural gas firm Peyto Exploration & Development (PEY.TO) said on Wednesday that it has agreed to buy Spanish energy company Repsol’s (REP.MC) Canada unit for $468 million. Repsol Canada Energy Partnership holds the Canadian upstream oil and gas business including all related midstream facilities and infrastructure located predominantly in the Alberta’s Deep Basin. “The Repsol assets fit perfectly with Peyto’s existing Deep Basin acreage and offer a significant num

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