On Monday PrimeWest took off after it announced it was being acquired by an United Arab Emirates-government fund, making it the latest western asset sold to a Mid-East-based firm. Canada's PrimeWest Energy Trust (nyse: PWI - news - people ) soared 32.1%, or $6.40, to $26.33 in late-morning trading after Abu Dhabi National Energy Company announced it entered into a deal to acquire PrimeWest for $26.75 per share, or $2.4 billion, for a total of $5 billion, including debt. PrimeWest is a Calgary-based oil and gas royalty trust that acquires, develops, produces, and sells national gas, crude oil, and natural...