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Provident completes sale of West Central Alberta O&G assets


Published Mar 2, 2010
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Provident Energy Trust

Provident Energy Trust has completed the previously announced sale of its oil and natural gas assets in West Central Alberta to Storm Ventures International Inc. for cash consideration of $190 million ($177 million after closing adjustments).

Proceeds from the transaction will be applied to Provident's revolving term credit facility.

Tags: Provident Energy Trust



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