The transaction will unite ARC’s more than 1.5 million net acres with Shell’s 440,000 net acres in the Montney formation.
After selling off a large chunk of its Canadian assets nearly a decade ago, U.K.-based energy giant Shell is now expanding its operations in Alberta and British Columbia by acquiring Calgary-based ARC ...
Global energy heavyweight Shell PLC's plan to buy one of Canada's biggest natural gas producers bolsters the likelihood an ...
Shell is set to expand its reach in Western Canada with a deal to buy Arc Resources, a move expected to boost production at a ...