Monday, January 30, 2012

Centrica acquires additional interest in Statfjord from ConocoPhillips for $223M

Centrica Plc has reached an agreement with ConocoPhillips to acquire its non-operated interests in the gas and oil producing Statfjord field and associated satellites for a total cash consideration of US$223 million, including US$103 million attributable to historic tax allowances. Continue reading here..

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