Energy Environmental Blog

El Paso Asset Sale

Written by Vorys | Feb 19, 2009 12:19:19 PM

This is interesting.  CNNMoney.com reports that El Paso closed on the sale of two non-core natural gas producing properties for a total of approximately $74 million.  Located in the San Juan Basin, together the properties were producing about 15 million cubic feet of gas equivalent per day at year's end.