AOE 0.00% $4.68 arrow energy limited

shell buys us company east resources for $4.7b

  1. 414 Posts.
    Royal Dutch Shell PLC said Friday it will buy East Resources Inc., a major owner of shale gas holdings in the northeast United States, for $4.7 billion from private investors.

    Europe's largest oil company said it will pay cash for East Resources, a Pennsylvania company that owns more than 2,500 oil and natural gas wells in the U.S

    http://www.businessweek.com/ap/financialnews/D9G02S500.htm
 
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