Shell agreed to acquire ARC Resources in a US$16.4-billion deal including debt, expanding its Canadian portfolio with low-cost shale gas and liquids in the Montney basin. The transaction is a major strategic move in energy that could reshape Shell’s upstream asset mix and strengthen its exposure to gas and liquids supply.
Shell agreed to acquire ARC Resources in a US$16.4-billion deal including debt, expanding its Canadian portfolio with low-cost shale gas and liquids in the Montney basin. The transaction is a major strategic move in energy that could reshape Shell’s upstream asset mix and strengthen its exposure to gas and liquids supply.
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mildly positive
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0.45
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