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Bayerngas To Acquire Cygnus Gas Assets From Endeavour International: Bayerngas Is Expanding Its Business In North Sea, UK
GlobalData, Sep 2010, Pages: 6
Bayerngas To Acquire Cygnus Gas Assets From Endeavour International: Bayerngas Is Expanding Its Business In North Sea, UK
Summary
Bayerngas Norge AS, an independent oil and gas company, through its subsidiary Bayerngas UK Ltd., entered into an agreement to acquire Cygnus gas assets from Endeavour International Corporation, an independent energy company, for a purchase consideration of $110m. The Cygnus gas assets are located in the provinces of Southern Gas Basin, North Sea, UK. Jefferies International Limited and Lambert Energy Advisory Ltd. acted as the financial adviser to Endeavour International, for the transaction
Scope
- Bayengas is expanding its business
Reasons to buy
- Develop a sound undestanding of the major M&A's, Partnerships, And Joint Ventures taking place in Asian Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Indian oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions
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