17 September 2025
17 September 2025
The IEA report highlights the need for continued investment to offset supply losses and ensure energy security.
Upon completion of the deal, CRC shareholders will hold 94% of the combined entity.
The proposed LNG export terminal is due to be built on the north-west Pacific coast of Canada, near Gingolx, British Columbia.
The lease sale, involving 23 parcels covering 7,604.47 acres, has been awarded for a term of ten years.
This adjustment comes after discussions with Shelf Drilling's senior management and a review of market fundamentals.
The acquisition encompasses 48,000 net acres in the Williston Basin, with an 86% operated working interest and an 82% net revenue interest.
Upon completion of the deal, CRC shareholders will hold 94% of the combined entity.
The proposed LNG export terminal is due to be built on the north-west Pacific coast of Canada, near Gingolx, British Columbia.
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