Tuesday, June 26, 2007

UPDATE 1-Exxon, Shell to sell Canada gas project stake

(Reuters) - Bids on Exxon Mobil's 12 percent and Shell's 6 percent of
the long-delayed development are due Aug. 8, IndigoPool, the
Houston-based acquisition and divestiture service, said in an
email.




EnCana Corp. is the operator of Deep Panuke, with
a 78 percent interest. It restarted efforts to develop it last
year after halting its application in 2003 over high costs.


Read more at Reuters.com Mergers News

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