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Kerr-McGee Corp., Oklahoma City, (NYSE: KMG) plans to sell its North Sea operations to Centrica Plc and Maersk Olie og Gas AS for approximately $3.5 billion in cash.(Brief Article)
Publication: Oil and Gas Investor Publication Date: 01-SEP-05 |
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COPYRIGHT 2005 Hart Publications, Inc.
Kerr-McGee Corp., Oklahoma City, (NYSE: KMG) plans to sell its North Sea operations to Centrica Plc and Maersk Olie og Gas AS for approximately $3.5 billion in cash, the assumption of an estimated $182 million of abandonment obligations, and the assumption of all related derivative liabilities totaling $175 million...
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