06 Aug, 2010

RIL to buy 60% stake in US shale firm for $392 mn

Reliance Industries (RIL) has agreed to buy its third shale-gas asset in the US in less than four months, acquiring a 60 per cent stake in acreages held by Carrizo Oil & Gas and its partner.


Source: Sify.com

Company: RELIANCE
 
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