Mitsui Closes Texas Shale Oil/Gas Deal (USA)

Mitsui & Co., Ltd.  announced that Mitsui E&P Texas LP, a wholly owned subsidiary of Mitsui, and SM Energy Company have closed the previously announced agreement for MEPTX to acquire a 12.5% working interest in SME’s Eagle Ford property in Texas, USA.

Mitsui has participated in shale oil/gas projects in the United States and Poland, and aims to expand its shale business into other countries leveraging its global network and the knowledge acquired through these projects.

[mappress]

LNG World News Staff, December 06, 2011