Vital Energy, Northern Oil and Gas buy Point Energy shale assets

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NEW YORK: Vital Energy and Northern Oil and Gas will jointly acquire US shale assets from private equity-owned Point Energy Partners for US$1.1bil, the companies say.

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The transaction is expected to close by the end of this quarter, Vital said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaMexicoUnited States

Topics: /Business/Business News Northern Oil and Gas Shale Acquisition Point Energy Vital Energy Corporate News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 07:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 14 lines

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Copyright Owner: © The Star

News ID: 21840892

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