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Deal Date: 10-03-2015 Practice Area: Project Finance and Infrastructure
Deal Title: INEOS Acquisition of IGas English and Scottish Shale Licences Industry: Oil & Gas Producers
Description:
Slaughter and May advised INEOS in connection with its proposed acquisition from IGas Energy (IGas) of an interest in 10 on-shore licences across England and Scotland in consideration for the payment of a cash sum of GBP30 million and the funding of a two phase work programme of up to GBP138 million. INEOS will become operator of several of the licences. Corporate and Commercial: Andrew Johnson (partner), Hywel Davies (partner), Alexander Dustan (associate), Jolyon Smith (associate), Sally Wokes (associate), Stephanie Bragg (associate); Employment: David Wilks (associate); Environment: Samantha Brady (associate); Tax: William Watson (partner), Edward Milliner (associate).
Financial Center: London Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Assets Jurisdiction United Kingdom Purchaser Jurisdiction United Kingdom
Classification: Transfer of Infrastructure Assets Oil & Gas Assets
Lawyer Hywel Davies
Further Information:
Description:
INEOS Acquisition of English and Scottish Shale Licences - Official INEOS Press Release
Link :