Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B
Green Car Congress
JULY 20, 2011
Overseas, the Group has oil and gas assets in Indonesia, Australia, Nigeria, Argentina, the US and some other countries. The transaction will be effected by way of a plan of arrangement through concurrent proceedings under the Companies’ Creditors Arrangement Act (Canada) and the Canada Business Corporations Act.
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