One-Page Deal Sheet
Southern Pacific Lets Go Of Red Earth Asset
Not Disclosed Southern Pacific Resources
Announced Date
November 18,2014
Close Date
November 25,2014
Transaction Type
Asset
Transaction Details: Subscribe to see
Closing Announcement - November 25, 2014
Southern Pacific Resource Corp. has completed the closing of the previously announced agreement to dispose of its entire interest in its Red Earth assets. The consideration for this sale is $19.5 million cash.
Initial Announcement - November 18, 2014Southern Pacific Resource Corp. has announced the signing of an agreement to dispose of its entire interest in its Red Earth assets.
The consideration for this sale is $19.5 million cash and the transaction is expected to close on or about November 25, 2014. The Red Earth assets were non-core to the…
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