Energean to Close Edison E&P Acquisition by December
Energean’s long-running acquisition deal of Edison E&P is expected to be finalized in December of this year.
Energean’s long-running acquisition deal of Edison E&P is expected to be finalized in December of this year.
Energean’s Abu Qir’s production recorded 38,000 barrels of oil equivalent per day (bbloe/d) in H1 2020, exceeding 2020 guidance of 34,000 - 37,000 bbloe/d.
Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million.
Energean Oil and Gas plc terminated its agreement with Neptune Energy for the acquisition of its Edison Exploration and Production’s (E&P) UK and Norwegian subsidiaries.
Page 1 of 1