EOG buying Promax Energy assets

EOG Resources Canada Inc. has agreed to buy most of the hydrocarbon assets of Promax Energy Inc., Calgary, for $60 million (Can.) and the assumption of certain equipment lease obligations.
Dec. 12, 2003

By OGJ editors
HOUSTON, Dec. 12 -- EOG Resources Canada Inc. has agreed to buy most of the hydrocarbon assets of Promax Energy Inc., Calgary, for $60 million (Can.) and the assumption of certain equipment lease obligations.

The transaction remains subject to regulatory approvals. Closing is expected by Dec. 31.

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