EOG, EOG Resources, Inc.
EOG, through its Canadian subsidiary, EOG Resources Canada Inc. (EOG Canada), reported the signing of a purchase and sale agreement for its interest in the Kitimat LNG facility to Chevron Canada Limited. The transaction, subject to approval by Canadian regulatory authorities, is expected to close by the end of the first quarter 2013.
The agreement includes EOG Canada’s 30 percent interest in the planned natural gas liquefaction and export facility on British Columbia’s west coast and associated Pacific Trail Pipelines project, as well as approximately 28,500 undeveloped net acres in the Horn River Basin.
Further details with respect to the terms of the sale are not being disclosed by the parties.
EOG is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China.
More about EOG at www.eogresources.com
Read Full
No comments:
Post a Comment