RIL completes stake sale in Marcellus Shale to BKV Chelsea

摘要

Reliance Industries Ltd. (RIL) has completed sale of its interest in one of the three shale gas assets in the US to BKV Chelsea for $126-mn. Reliance Marcellus II, LLC, a subsidiary of Reliance Holding USA and RIL, closed the sale of its stake in the Marcellus shale gas asset operated by Carrizo Oil and Gas, the company said in a statement. The transaction, which was announced on October 6, will be effective April 1,2017.