12:25 PM EST - Shawcor Ltd : Announced that it has sold its Oilfield Asset Management operating unit to Force Inspection Services Inc., in a transaction generating at least C$15 million in gross proceeds. Shawcor will retain OAM related Western Canadian real-estate assets which it may elect to sell at a future date. As part of the transaction, Shawcor has agreed to lease these properties to Force. Shawcor Ltd
shares T.SCL are trading up one cent at $11.95.
