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Tag: sells assets
Donnybrook Sells Simonette, Resthaven Assets
2013-02-25 16:50:00| OGI
The sale will be made in exchange of 10.3 million Cequence Energy Ltd. common shares and Cequence's interest in its Fir oil and gas property.
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sells assets
PDC Sells Colorado Assets For $200MM
2013-02-05 10:30:00| OGI
Sale positions company to accelerate development of its liquid-rich horizontal programs in core Wattenberg and Utica shale.
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200mm
Constellation Energy Partners Sells Alabama Assets
2013-02-04 16:20:00| OGI
The sale encompasses over 500 operating natural gas wells in the Robinsons Bend field together with related leasehold interests and infrastructure.
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alabama
Altech sells East African assets to Liquid Telecom
2013-01-29 11:42:00| Telecompaper Headlines
(Telecompaper) Liquid Telecom has announced a deal to acquire the East African telecom assets of the Altech Group, including Altech's 61 percent stake in Kenya Data Networks (KDN). The deal, under which South Africa-based Altech becomes a minority shareholder in Liquid with a stake of 8.6 percent, creates a single fibre network spanning Kenya, Uganda, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. Liquid Telecom claims to have built the largest fibre network in Southern Africa and Central Africa. Altech will contribute its majority interests in Altech East Africa on a debt- and cash-free basis, as well as pay USD 16.5 million for new shares in Liquid. This gives it an initial 8.6 percent equity stake in the company, with shareholder voting rights of 10 percent. Altech will also have one seat on the Liquid board, as long as it holds at least 5 percent in the company.
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New Times Sells East Texas Assets To BCM
2013-01-17 18:15:00| OGI
The group acquired oil and gas assets in East Texas and Louisiana through a joint venture agreement with TXX Energy Corp. in July 2011.