(Energy Analytics Institute, 17.Oct.2024) — SLB has entered into a definitive agreement to divest its interests in the Palliser Block located in Alberta, Canada.
The Palliser Block consists of oil and gas wells, surface facilities, a pipeline network and certain oil and gas development rights, SLB said 17 Oct. 2024 in an official statement.
The transaction, which is subject to regulatory approval and other customary closing conditions, is expected to close late in the fourth-quarter 2024, SLB said.
____________________
By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights Reserved.