One-Page Deal Sheet
LNG Energy Completes Acquisition of Polish Shale Gas Acreage
Lng Energy Ltd. Source Energy Partners Lp
Announced Date
February 08,2011
Close Date
February 21,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
4
Transaction Details: Subscribe to see
LNG Energy Ltd. announces that further to its news release of February 7, 2011, its wholly owned subsidiary, Kaynes Capital S.a.r.l has completed the acquisition of a 50% interest in Joyce Podlasie LLC ("Joyce") and a 50% interest in Maryani Podlasie LLC ("Maryani") from Source Energy Partners LP ("Source") for US$4 million.
Joyce indirectly holds an undivided 100% interest in the Ilawa Concession in Poland and Maryani indirectly holds an undivided 100% interest the Wegrow Concession in Poland. Joyce and Maryani comprise approximately 360,000 acres and will increase LNG's net Polish shale…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-27-2014 | TransAtlantic to Join San Leon in Polish Concession Project | -  |
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| Jun-06-2012 | San Leon and Hutton To Jointly Develop Polish Shale | - |
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| Aug-26-2011 | San Leon Energy Acquires Realm Energy | - |
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