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Canada's LNG project developer buying out gas producer

Woodfibre LNG developer, Pacific Oil and Gas is acquiring Canbriam Energy, which owns gas assets in northeast British Columbia producing 200m cu ft per day of gas and 6,000 barrels per day of associated liquids

Pacific Oil & Gas, which is developing the 2.1m tonnes per annum Woodfibre LNG export project, has signed definitive agreements to buy Canbrium Energy for an undisclosed cash sum

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