NYT
March 21, 2012, 12:24 pm Mergers & Acquisitions
Korean Oil Firm Is Part of Group Buying El Paso Assets
By MICHAEL J. DE LA MERCED
The consortium of firms buying the El Paso Corporation’s exploration and production businesses has grown a little larger and has drawn overseas interest.
Showing posts with label Parallel Petroleum. Show all posts
Showing posts with label Parallel Petroleum. Show all posts
Wednesday, March 21, 2012
Wednesday, February 29, 2012
Parallel Petroleum Welcomes Samsung C&T
permianbasin360.com
Parallel Petroleum Welcomes Samsung C&T
By: Mycah Glover
Updated: February 28, 2012
MIDLAND -- Deals are made in the Permian Basin oil and gas industry everyday, but not deals like this. Samsung C&T, a trading arm of Samsung Group, agreed to purchase Midland-based Parallel Petroleum from Apollo Global Management last year. Today, representatives from the Korean-based company traveled thousands of miles to formally announce their newest venture in the oil and gas business.
Parallel Petroleum Welcomes Samsung C&T
By: Mycah Glover
Updated: February 28, 2012
MIDLAND -- Deals are made in the Permian Basin oil and gas industry everyday, but not deals like this. Samsung C&T, a trading arm of Samsung Group, agreed to purchase Midland-based Parallel Petroleum from Apollo Global Management last year. Today, representatives from the Korean-based company traveled thousands of miles to formally announce their newest venture in the oil and gas business.
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