BP to acquire unconventional US onshore assets from BHP for $10.5B; transforming US onshore oil & gas business
Green Car Congress
JULY 27, 2018
The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. BP intends to finance this deferred consideration through equity issued over the duration of the installments. On completion, $5.25
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