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Shell Midstream Partners, L.P. operates, develops and acquires pipelines and other midstream assets.
Royal Dutch Shell plc, through its affiliate Shell Canada Energy (“Shell”) today announced it has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,037 million (C$1,369 million). The consideration is comprised of $758 million in cash and Tourmaline shares valued at $279 million. Subject to regulatory approvals the transaction is expected to close in the fourth quarter of 2016.
On Tuesday, November 1, 2016 at 07.00 GMT (08.00 CET and 03.00 EDT) Royal Dutch Shell plc will release its third quarter results and third quarter dividend announcement for 2016.
Shell launches smarter energy collaboration to help further develop more and cleaner energy solutions for communities
The Shell #makethefuture campaign is highlighting the need for greater global collaboration to create more and cleaner energy solutions, by helping to bring to life innovations from six smart energy start-ups.
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