Seiu Lake Natural Gas Processing Plant Ownership Transfer
Sector: Natural Gas • Location: Alberta, Canada
Source: Toronto Star
Canadian Natural Resources Ltd. has agreed to sell 75% of its interest in the Seiu Lake natural gas processing plant to North 40 Resources Inc. to address competition concerns related to its proposed acquisition of Schlumberger N.V.'s interest in the Palliser Block joint venture. North 40 will operate the plant, while Canadian Natural retains a 25% non-operating interest.
- Status
- Prospective
- Sector
- Natural Gas
- Location
- Alberta, Canada
- Updated
- 22 Jul 2026
- Source
- Toronto Star
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Canadian Natural Resources Ltd. has agreed to sell 75% of its interest in the Seiu Lake natural gas processing plant to North 40 Resources Inc. to address competition concerns related to its proposed acquisition of Schlumberger N.V.'s interest in the Palliser Block joint venture. North 40 will operate the plant, while Canadian Natural retains a 25% non-operating interest. |
Original sector | Energy |
Location
Country | Canada |
State | Alberta |
Source
Source | Toronto Star |
URL |
More Details
Record type | Project |
Sector | Natural Gas |
Article published date | 2025-06-22 |
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