Acquisition of JX Nippon Exploration and Production (U.K.) Limited

Source Press Release
Company NEO EnergyENEOS Holdings, Inc. 
Tags Corporate Deals, Deals, Upstream Activities
Date November 26, 2021

NEO Energy today announces it has signed an agreement to acquire 100% of the share capital of JX Nippon Exploration and Production (U.K.) Limited (“JX UK”). JX UK holds non-operated interests in multiple producing fields and associated infrastructure in the UK North Sea including a 20% interest in the Mariner field and an 18% interest in the Culzean field.  The transaction excludes JX UK’s interests in the Andrew Area.

The transaction is subject to approvals from the relevant authorities and regulatory consents.

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