About Sasol
Sasol Limited, through its subsidiary Sasol Canada, owns a 50 per cent working interest in two natural gas fields in British Columbia and is pursuing the opportunity to build Canada's first gas-to-liquids (GTL) facility to convert natural gas into high-quality transportation fuels. Sasol entered Canada in early 2011 through the $2 billion acquisition of a 50 per cent working interest in Talisman Energy's natural gas assets in one of the most prolific shale plays in North America: the Montney shale basin located in northeast British Columbia. The Sasol/Talisman partnership holds 108,000 total net acres of land in the Montney basin with approximately 20 TCF of contingent resource. 134 production wells have been drilled to date.
Sasol Limited is an integrated energy and chemical company and is the world's largest producer of synthetic fuels. It is the World leader in gas-to-liquids (GTL) and coal-to-liquids (CTL) technology with over 60 years' experience. Sasol is present in 37 Countries and employs over 33,000 people Worldwide. Sasol is listed on the JSE and NYSE with a market capitalisation of US$31 billion.
http://web.tmxmoney.com/article.php?newsid=71924223&qm_symbol=FO
I guess who ever takes over,will look to do something similar.
Raider
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About Sasol Sasol Limited, through its subsidiary Sasol Canada,...
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