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Stock Market & Financial Investment News

News Breaks
May 9, 2014
11:40 EDTCNQ, DVNCanadian Natural says considering monetizing royalty income from freehold lands
Canadian Natural (CNQ) says looking at possibility of monetizing royalty income from freehold lands, says possibilities for monetizing royalties include direct sale or forming a separate company. Says royalty income stream from its properties and those acquired from Devon Energy (DVN) will be around C$140M-C$150M this year. Comments made on the Q1 earnings conference call.
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