Tammany buys itochu's Cieco Energy Ventures

摘要

Privately held, Houston-based Tammany Oil & Gas LLC has acquired Cieco Energy Ventures LLC from a subsidiary of Itochu Group, Tokyo, (Tokyo: 8001) for an undisclosed price. Tammany acquired 100% of the membership interest of Cieco Energy Ventures and is in the process of filing with the BOEMRE to reflect the name change to Tammany Energy Ventures LLC. Cieco Energy Ventures was 100% owned by Itochu subsidiary Cieco Energy (US) Ltd. The deal includes interests in 12 non-operated oil and gas fields in the Gulf of Mexico.