This is interesting: Japanese co. to acquire Sabine O & G

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

This is interesting: Japanese co. to acquire Sabine O & G

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Japanese company Osaka Gas to acquire Texas-based Sabine Oil & Gas Corporation
Osaka Gas, a vertically integrated Japanese energy company, has entered into a definitive agreement with Houston-based Sabine Oil & Gas Holdings to acquire 100% of the outstanding shares of its subsidiary, Sabine Oil & Gas Corporation.

Should the deal close as expected, it would mark the first time in history that a Japanese company has purchased a U.S.-based shale gas developer.
Dan Steffens
Energy Prospectus Group
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