(EnergyAsia, August 27 2010, Friday) — Japan’s Mitsubishi Corp said it has agreed with Canada’s Penn West Energy Trust to invest C$450 million in a natural gas development project centred on shale gas in the Cordova embayment in northeastern British Columbia province. (US$1=C$1.05). The project is owned by Calgary-headquartered Penn West Energy Trust (PWE). The…
JAPAN: Mitsubishi Corp to invest in Canada’s Penn West Energy’s shale gas project
Posted on August 26, 2010 by EnergyAsia