SINOCHEM  TO  BUY  CANACOL  HEAVY  OIL  ASSETS?  CANACOL'S PARTNER AT  CAPELLA OIL  FIELD  NEXT  TO  CANACOL'S 1,100,000 ACRES in Heavy Oil Country also beside Pacific Rubiales both Buyout Companies imo... China’s state-backed energy companies are seeking new oil and gas reserves abroad to feed the world’s second-largest economy, especially from regions like Africa where government scrutiny is lighter than in North America or Europe. The deal is the largest for Sinopec Group since its traded unit bought 30 percent of Petrogal Brasil for $4.8 billion last year.