Shell (RDS-A) Agrees to $560M Holstein Field Stake Sale with Plains Exploration (PXP)
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Plains Exploration (PXP) to Acquire Shell's (RDS-A) Holstein Field Interest in $560M Deal
September 10, 2012 6:54 AM EDTPlains Exploration & Production Company (NYSE: PXP) has entered into a definitive agreement to acquire from Shell Offshore Inc. (NYSE: RDS-A) its 50% working interest in the Holstein Field for $560 million.
At the end of July 2012, these properties... More