Announced
Financials
Tags
Integrated Oil and Gas
oil and gas
United States
Domestic
Acquisition
Private
Friendly
Pending
Majority
Single Bidder
Synopsis
Houston Natural Resources, an energy company, agreed to acquire a stake in Cunningham Energy, an independent producer of oil and gas based in Charleston, West Virginia, for $100m. With this acquisition, the company further expands its interest in oil, natural gas and oil field services properties. It further expands its overall business interest to Canada and is looking to increase expansion internationally.
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