JAPANESE FIRM BETS BIG ON U.S. SHALE BOOM WITH $610 MILLION DEAL

Osaka Gas Co. is deepening its bet on the American energy boom, making the first purchase of a U.S. shale gas driller by a Japanese company.The company will acquire closely held Sabine Oil & Gas Corp., a unit of Sabine Oil & Gas Holdings, for $610 million. That will give Osaka Gas 175,000 net acres of shale-gas-producing land in East Texas, including wells in the Haynesville and Cotton.. Click headline for full article

theenergycollective.com (Date:07/31/2019 17:49) Read full article >>

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East: East is a noun, adjective, or adverb indicating direction or geography. East is one of the four cardinal directions or compass points. It is the opposite of west and is perpendicular to north and south.
Corp: A corporation is a separate legal entity that has been incorporated through a legislative or registration process established through legislation. Incorporated entities have legal rights and liabilities that are distinct from their employees and shareholders, and may conduct business as either a pro
Texas: Texas is the second most populous and the second-largest of the 50 states in the United States of America, and the largest state in the 48 contiguous United States. Geographically located in the South Central part of the country, Texas shares an international border with the Mexican states of Chihua
Cotton: Cotton is a soft, fluffy staple fiber that grows in a boll, or protective capsule, around the seeds of cotton plants of the genus Gossypium. The fiber is almost pure cellulose. Under natural conditions, the cotton bolls will tend to increase the dispersion of the seeds.
Sabine: The Sabines were an Italic tribe that lived in the central Appennines of ancient Italy, also inhabiting Latium north of the Anio before the founding of Rome. These names are exonyms, or geographical descriptors given by outside groups, in English, Latin, and Greek, respectively.
Osaka: Osaka listen is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the largest part of the Keihanshin metropolis, which comprises three major cities of Japan: Kyoto, Osaka and Kobe. Located at t
East Texas:
- East Texas Wikipedia
Haynesville:
- Haynesville Wikipedia