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Brief — Chaffee Corners
Thailand’s largest coal producer, Banpu Pcl, has invested $112 million for a 29.4% stake in a joint venture in northeastern Pennsylvania, the Chaffee Corners Joint Exploration Agreement, which is majority owned by Spain’s Repsol SA (see Shale Daily, Dec. 16, 2014). Banpu’s stake gives it 156 Bcf of reserves and about 21 MMcf/d of potential production.
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