El Paso gets cash infusion for drillingNabors Industries, Lehman Brothers ante up $350M Petroleum News
El Paso, Nabors Industries and investment bank Lehman Brothers have worked out a three-way deal that will provide cash-strapped El Paso with an additional $350 million to drill its prospects both offshore and onshore in the Gulf of Mexico.
El Paso said it will contribute another $150 million to the....
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 08/29/2023)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 