U.S. oil and gas producers are increasingly interested in Canada's Montney shale play due to its untapped potential and lower acquisition costs. The Montney accounted for 28% of M&A transaction value in Canada's oil sector this year, with U.S. companies actively exploring acquisition opportunities. The region produces about 10 billion cubic feet per day of natural gas and has a long resource lifespan compared to U.S. fields.
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