Canada’s oil patch sees over $30 billion in M&A this year

Verifying
  • Canada’s oil patch recorded more than $30 billion in mergers and acquisitions this year.
  • Shell agreed to acquire ARC Resources for $16.4 billion, adding 370,000 boe/d of production.
  • Tamarack Valley and Headwater announced a C$10 billion all-stock merger.
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