Back in December MDN told you that Thailand’s Banpu, which has invested $500 million so far in the Pennsylvania Marcellus, had developed a wandering eye and cut a deal to buy Devon Energy’s Barnett Shale assets in Texas for $770 million (see Banpu Invests Another $770M in Shale – but Not in PA Marcellus). The deal was supposed to be completed by yesterday. That didn’t happen. Instead, Devon issued a new announcement saying terms of the deal have changed. The price has gone down, or up, depending on your viewpoint. It’s complicated…
Back in December MDN told you that Thailand’s Banpu, which has invested $500 million so far in the Pennsylvania Marcellus, had developed a wandering eye and cut a deal to buy Devon Energy’s Barnett Shale assets in Texas for $770 million (see 