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Shell Divests $2.1B Worth Of Natural Gas Assets In 2 Deals

By Tom Zanki (August 14, 2014, 12:48 PM EDT) -- Energy giant Royal Dutch Shell PLC said Monday it sold drilling rights to two natural gas shale properties for $2.1 billion in separate deals, including more than 107,000 acres in Louisiana to a private-equity backed partnership affiliated with The Blackstone Group LP, while acquiring shale assets in Pennsylvania in effort to streamline its natural gas portfolio....

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