IHS Chemical Week

Regions :: India/Pakistan

Gail India Forms U.S. Shale Joint Venture

4:44 AM MDT | September 30, 2011 | Deepti Ramesh

Gail India (New Delhi) says its Gail Global USA subsidiary has signed agreements with energy company Carrizo Oil & Gas (Houston, TX) to enter into an unincorporated joint venture, under which Gail Global USA will acquire a 20% interest in Carrizo's Eagle Ford shale acreage position. The jv will have 20,200 acres, out of which Gail will have 4,040 acres spread over four counties in Texas. The total investment will be about $300 million over the next five years, and it includes upfront cash payment of $63.7 million and a carry amount of $31.3 million linked to...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa