El Paso Agrees to Sell All Its Oil and Gas Fields in Egypt
Sunday, 6th May 2012
El Paso Corp. (EP) , the pipeline company being bought by Kinder Morgan Inc. (KMI), has agreed to sell its oil and natural-gas fields in Egypt to an unidentified buyer, reducing its first-quarter results by about $62 million.
Apollo, Riverstone to pay $7.15 billion for El Paso assets
Sunday, 26th February 2012
A consortium led by private equity firms Apollo Global Management (APO.N) and Riverstone Holdings struck a $7.15 billion deal for El Paso Corp's (EP.N) oil and gas exploration and production business in the largest leveraged buyout deal of the year so far.
El Paso Kicks Off Sale of Exploration and Production Assets
Sunday, 13th November 2011
El Paso Corp. has begun sending out financial information to potential buyers of its oil-and-gas exploration and production business, which could fetch as much as $10 billion, according to people familiar with the matter.
TransGlobe Energy acquires operated interest in the South Alamein Concession in Egypt
Sunday, 3rd July 2011
TransGlobe Energy Corporation announces the signing of a Sale and Purchase Agreement to acquire a 50% operated working interest in the South Alamein Concession in the Arab Republic of Egypt from Cepsa Egypt SA B.V.