06 Aug, 2010

Reliance Ind takes 60% stake in US shale gas field for $392 m

Reliance Industries is set to acquire 60 per cent stake in Marcellus Shale acreage in Central and Northeast Pennsylvania of the US, now held by a joint venture between Carrizo and ACP II Marcellus LLC, an affiliate of Avista Capital


Source: The Hindu Business Line

Company: RELIANCE
 
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