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Apr 30, 2002

Cash on the barrel

M&A activity in Canada's energy industry

With North Americans burning through oil and gas as fast as it can be pumped, the race is on to find and develop more resources. In this endeavor, deep pockets are a critical advantage. That fact and other circumstances have helped spark a red-hot M&A market in Canada's oil patch. In turn, IR practitioners at the remaining oil and gas companies are becoming some of the country's most M&A savvy.Take David Carey, now vice president of business development at ARC Resources, a Calgary-based

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