• China Oil and Gas Group to Purchase Calgary-based Baccalieu Energy
  • June 24, 2014
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • China Oil and Gas Group Ltd., a natural gas distributor and operator of LNG facilities in China, announced that it will buy Calgary-based Baccalieu Energy, Inc. for CAD$236 million. Baccalieu operates in west central Alberta, Canada concentrating on unconventional oil and gas operations in a formation known as the Cardium.