US EditionExclusive-Energy trader Vitol eyes $3 billion sale of US shale producer, sources say – Oil & Gas 360
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Exclusive-Energy trader Vitol eyes $3 billion sale of US shale producer, sources say – Oil & Gas 360
(Investing) – NEW YORK – Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said. The move aims to capitalize on the fact that the VTX oil and gas business is one of the few remaining privately-owned operators of scale in the Permian basin after the last two years’ run of d
·Denver, United States
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