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PrairieSky Pays $615M For Range Royalty After Encana Spinoff

By Zachary Zagger (November 13, 2014, 3:19 PM EST) -- Canada's PrairieSky Royalty Ltd. said Thursday that it is acquiring fellow oil royalty company Range Royalty LP for about C$699 million ($615 million), thus gaining a foothold in Saskatchewan's Viking oil play,  just months after it was spun off from Encana Corp....

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