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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    China's Yantai Xinchao To Buy US Oil Fields For $1.3 Billion

    Lobo
    Lobo
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    Join date : 2013-01-12

    China's Yantai Xinchao To Buy US Oil Fields For $1.3 Billion Empty China's Yantai Xinchao To Buy US Oil Fields For $1.3 Billion

    Post by Lobo Sun 25 Oct 2015, 2:14 pm

    China's Yantai Xinchao To Buy US Oil Fields For $1.3 Billion
    By Reuters on October 25 2015 8:29 AM EDT



    China's Yantai Xinchao To Buy US Oil Fields For $1.3 Billion Great-wall-drilling-co-cuba-oct-21-2015
    Plymouth Petroleum LLC and Tall City Exploration LLC will be selling oil fields in Texas’ Borden and Howard counties to Yantai Xinchao Industry Co. Ltd. Above, a Chinese worker stands near an oil rig of the Great Wall Drilling Co., a subsidiary of China National Petroleum Corp., in Varadero in the Matanzas province of Cuba during an organized tour by the state-run Cuba-Petroleo Oct. 21, 2015. Reuters/Enrique de la Osa




    BEIJING (Reuters) -- China's Yantai Xinchao Industry Co. Ltd. has agreed to spend about 8.3 billion yuan ($1.31 billion) to buy oil fields in Texas, the company said in a corporate filing late Saturday.

    The oil fields, in Howard and Borden counties, will be bought from Tall City Exploration LLC and Plymouth Petroleum LLC, Xinchao said in the filing with the Shanghai Stock Exchange.

    The transaction has already been approved by the U.S. Treasury Department's Committee on Foreign Investment, it added.
    (Reporting by Ben Blanchard and Meng Meng; Editing by Simon Cameron-Moore)
    http://www.ibtimes.com/chinas-yantai-xinchao-buy-us-oil-fields-13-billion-2155349

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