2010-01-22-2009-07-16-2009-07-16

Transaction Type
Buyers
Announce Date
Post Date
Close Date
Estimated Price
30MM
Description

Bought interest in TX oil field.

South Korean trading company Hanwha Corp. has acquired an undisclosed interest in a Texas oilfield from Odessa, Texas-based O'Ryan Oil and Gas for $30 million. The field produces 1,100 barrels of oil per day, with output likely to rise to 3,000 barrels per day, according to the company.