Germany's DEA To Buy Mexico's Sierra Oil And Gas
Transaction Type
Sellers
Buyers
Basin
Mexico Gulf of Mexico; Other
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description
Bought independent Mexican company Sierra Oil and Gas adding interests in one onshore production block and 10 exploration blocks, including the Zama shallow water discovery.
Editor's note: The Financial Times reported the transaction was worth around $500 million.