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Energy XXI Agrees to Purchase Pogo’s Gulf of Mexico Shelf Properties
Energy XXI (Bermuda) Limited today announced it has conditionally agreed to purchase certain Gulf of Mexico shelf oil and natural gas properties from Pogo Producing Company for a cash consideration of $419.5 million.
The properties include 28 fields currently producing approximately 7,400 net barrels of oil equivalent (BOE) per day, and with net proved [...]
