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BG Group PLC Announces Disposal Interest In Non-Core, Conventional Producing Assets And Acreage


Friday, 15 Feb 2013 10:20am EST 

BG Group PLC announced that it has signed a sale and purchase agreement with EXCO Resources (EXCO) for the divestment of all its interests in the shallow, non-core, conventional producing assets and acreage in the Cotton Valley formation for a consideration of $132.5 million. Closing of this transaction is expected in the first quarter of 2013. 

Company Quote

1180.5
-21.0 -1.75%
30 Jul 2014