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MidOcean acquires Canadian interests from PETRONAS

MidOcean Energy acquired a 20% interest in Canadian upstream and LNG assets from PETRONAS. The transaction includes a 20% stake in the North Montney upstream joint venture, which holds natural gas assets in the Montney basin, as well as a 20% interest in North Montney LNG Limited Partnership.

The Montney assets link upstream gas production with downstream liquefaction capacity.

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