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The Canadian government confirms that Encana's (ECA) $2.2B JV with China's PetroChina (PTR) is...

  • Thursday, December 20, 2012, 9:42 AM ET
    The Canadian government confirms that Encana's (ECA) $2.2B JV with China's PetroChina (PTR) is not subject to review under the Investment Canada Act. ECA agreed to sell 49.9% of its big Duvernay natural gas and liquids play in Alberta to PTR days after the Canadian government said it would increase scrutiny of investment by state-own enterprises such as PTR.
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