Thailand: Banpu acquires fifth US shale gas asset for $210m

Thailand: Banpu acquires fifth US shale gas asset for $210m

Image from pixabay.

Thailand’s biggest coal miner and exporter Banpu Pcl is acquiring a US shale gas portfolio worth $210 million, its fifth such overseas investment play.

Banpu signed a purchase and sale agreement to acquire an operatorship position and gas portfolio in the Northeast Marcellus shale gas play of Pennsylvania.

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