Acquisition Of Interests In Shale Gas Development Project

Shizuoka Gas

21/02/2025 05:06

Feb 21 (Reuters) - Shizuoka Gas Co Ltd  9543.T :
    * SHIZUOKA GAS CO LTD- ACQUISITION OF INTERESTS IN SHALE GAS
DEVELOPMENT PROJECT
    * SHIZUOKA GAS CO LTD- PROJECT INVOLVES JOINT OWNERSHIP OF
INTERESTS BY LEWIS ENERGY GROUP AS OPERATOR, TGER AND BP ENERGY
AS NON-OPERATOR IN EAGLE FORD FORMATION AND OTHER AREAS IN WEBB
AND LA SALLE COUNTIES OF SOUTH TEXAS
    * SHIZUOKA GAS CO LTD- WILL ACQUIRE ALL OF INTERESTS HELD BY
TGER,
25% OF TOTAL INTERESTS JOINTLY HELD BY THREE COMPANIES
    * SHIZUOKA GAS CO LTD- NEGOTIATING TOWARD SIGNING OF SALES
AND
PURCHASE AGREEMENT FROM TGER FOR $130 MILLION THROUGH OUR LOCAL
SUBSIDIARY, WHICH IS SCHEDULED TO BE ESTABLISHED IN 2025

Source text:  ID:nTSnu8d8ac 
Further company coverage:  9543.T 

 (Reporting by Rocky Swift)
 ((rocky.swift@thomsonreuters.com;))