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IGas to acquire Nexen Exploration U.K. Limited
The Board of IGas, a domestic gas producer and leading developer of unconventional gas resources in the UK, is delighted to announce the signing of an agreement (“the Agreement”) with Nexen Petroleum U.K. Limited, a wholly owned subsidiary of Nexen Inc (‘Nexen’), to acquire Nexen Exploration U.K. Limited, and as a result, IGas Group will become the operator and sole owner of each of its licences (subject to approval of change of control by DECC).

date.png31 Jan 2011 12:56 | comments.png 0 Comments | tags.png aim deals igas nexen uk [ More ]
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