** Shares of Canadian oil and gas producer up 2.4 pct at C$15.23
** Co considers sale of its non-core downstream assets
** Potential sale of assets include Canadian retail and commercial fuels business and its Prince George refinery
** Decision follows co’s plans to align its heavy oil and downstream businesses to form one integrated corridor - CEO Rob Peabody
** Co says the potential disposition is being undertaken independent of the outcome of Husky’s proposed acquisition of rival MEG Energy Corp
** JP Morgan cuts PT to C$19 from C$21 (Reporting by Arundhati Sarkar in Bengaluru)
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