(Reuters) - Oil and gas producer Pengrowth Energy Corp will buy NAL Energy Corp for about C$1.30 billion ($1.30 billion) in stock to boost its light oil properties in western Canada.

Source: http://feeds.reuters.com/~r/reuters/dealsNews/~3/oWtchrKiQNA/us-nalenergy-pengrowth-idUSBRE82M0IF20120323
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