Share 'Japan's Osaka Gas to buy Sabine Oil for $610 million'
Japan's Osaka Gas to buy Sabine Oil for $610 million
TOKYO (Reuters) - Osaka Gas Co Ltd said on Monday it will buy U.S. shale gas developer Sabine Oil & Gas Corp for $610 million, as the Japanese company aims to expand its overseas business to seek future growth.
The deal marks the first acquisition of a U.S. shale gas developer by a Japanese company, according to Osaka Gas.
Sabine owns 175,0…
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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More