China newcomer in $1.3bn Permian buy

Tall City Exploration and Plymouth Petroleum - two private equity-backed players - are selling a package of assets in the Permian basin to a Chinese holding company for $1.3 billion.

Chinese investment: New day in the Permian
Chinese investment: New day in the Permian
Published 26 October 2015, 21:40Updated 26 October 2015, 22:15