Canadian Natural Resources holding on to Montney shale gas land

In a release, CNRL says it received a number of expressions of interest, but “none of the expressions were of sufficient merit to complete a transaction at this time.” 

The company first indicated in March 2013 it was looking to sell or develop a partnership to develop its vast holdings in the Montney shale gas region and external advisors were hired that spring. It was considering either outright selling the land, or entering a joint-venture with a partner with liquefied natural gas expertise. 

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About Erica Fisher 4010 Articles

Erica is a reporter for Moose FM and energeticcity.ca in Fort St. John, B.C. She grew up in Victoria, B.C. and received her Bachelor's Degree in Journalism from Concordia University in Montreal, Quebec.