Norse Sells Medina Field to EnerVest, et al


Medina Field
(Click to Enlarge)

Norse Energy Corp ASA refers to its announced intention to sell its Medina Field assets in New York and Pennsylvania (see press release dated November 6, 2007).

Norse Energy has entered into a Purchase and Sale Agreement with EnerVest, Ltd. and certain of its affiliated parties to sell all its Medina Field assets for a consideration of USD 67 million.

The transaction is subject to due diligence with closing of the transaction anticipated in March 2008. The effective date of this transaction will be January 1, 2008.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Products Market Risk Analyst
Expertise: Financial Analyst|Risk Management
Location: Houston, TX
 
United States Houston: Account Rep, Bus Dev
Expertise: Business Development|Marketing|Sales
Location: Houston, TX
 
General Manager US
Expertise: Business Development|Executive|Technical Manager
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours