Shell Canada Energy

Shell Canada Energy entered into an agreement with Mapan Energy to sell certain oil and gas properties and infrastructure in Deep basin—in western Alberta and northeastern British Columbia, Canada—for USD 132.5 million. According to Mapan, the assets include 203,200 gross acres (162,000 net acres), 15.16 MMBOE of probable producing reserves, approximately 7,000 BOE/D (10% liquids) of production, and 250 km of gas pipelines and field compression facilities with a combined capacity of 185 MMcf/D.