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.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Land Professional Job
Expertise: Landman|Lease Analyst
Location: Oklahoma City, OK
Surface Land Professional Job
Expertise: Landman|Lease Analyst
Location: San Antonio, TX
Automation Systems Analyst II
Expertise: Business Development
Location: Houston, TX
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours