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Oil India to Increase Shale Acreage and Gain Technology with Acquisition of Shale Gas Assets for $200 Million
GlobalData, Jan 2012, Pages: 6
Oil India to Increase Shale Acreage and Gain Technology with Acquisition of Shale Gas Assets for $200 Million - Deal Analysis from GlobalData
Summary
Oil India Limited (Oil India), an oil and gas company, intends to acquire shale gas assets in the US and Australia, for a purchase consideration of approximately $200m. The acquisition will include a 25% stake in oil and gas acreages in Texas.
Scope
- Rationale behind Oil India acquiring Shale plays in Texas (US) and Australia
- Stratigic benefits for the companies involved in the transaction
- Geography covered - US and Australia
Reasons to buy
- Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in the Shale plays in Texas (US) and Australia
Keywords
Oil India, ONGC Videsh, Shale Gas, Arrow Energy, GAIL, Texas (US), Australia
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