Emerald pulls out of Permian deal

US junior Emerald Oil is backing away from plans to issue as much as $150 million in stock and buy an asset package in the Delaware sub-basin of the Permian for around $75 million.

Just looking: Emerald declines to move ahead with acquisition
Just looking: Emerald declines to move ahead with acquisition
Published 27 May 2015, 18:43Updated 17 October 2016, 12:42
Americas