On the heels of the announcement that it had acquired a majority of TransCanada’s natural gas marketing business (see related story this issue), Atlanta-based Mirant Corp. reported that it has made its first production acquisition by purchasing interests in 18 natural gas and oil producing fields as well as 206,000 acres of mineral rights in South Louisiana from Castex Energy Inc. for approximately $162 million.
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Mirant Buys into Castex’s LA Production for $162M
On the heels of the announcement that it had acquired a majority of TransCanada’s natural gas marketing business (see related story this issue), Atlanta-based Mirant Corp. reported that it has entered the production business by purchasing interest in 18 natural gas and oil producing fields as well as 206,000 acres of mineral rights in South Louisiana from Castex Energy Inc. for approximately $162 million.
October 12, 2001
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