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NuVista in $241.6m asset sale

Toronto-listed NuVista Energy said it will sell three properties in Canada for about C$236 million (US$241.6 million) to repay debt and focus on its Montney gas play.

Pay back: NuVista Energy plans to use net proceeds from a C$236 million (US$246 million) sale of Canadian assets to reduce outstanding bank debt
Pay back: NuVista Energy plans to use net proceeds from a C$236 million (US$246 million) sale of Canadian assets to reduce outstanding bank debt
Published 11 September 2012, 02:15Updated 11 September 2012, 02:15
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