2010-01-22-2009-07-16-2009-07-16
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
$30.0MM
Description
Bought interest in TX oil field.
South Korean trading company Hanwha Corp. has acquired an undisclosed interest in a Texas oilfield from Odessa, Texas-based O'Ryan Oil and Gas for $30 million. The field produces 1,100 barrels of oil per day, with output likely to rise to 3,000 barrels per day, according to the company.