India’s Reliance signs agreement to sell stakes in US shale assets

The assets would be sold to NOG for a consideration of $250 million cash and warrants

Deal: Mukesh Ambani, Chairman and Managing Director of Reliance Industries
Deal: Mukesh Ambani, Chairman and Managing Director of Reliance IndustriesFoto: REUTERS/SCANPIX
Published 4 February 2021, 06:10Updated 4 February 2021, 06:10