A potential purchaser is seeking to invest in companies that possess resources or technology for exploration or mining of shale gas or shale oil. Priority consideration will be given to candidate companies that have good technologies for mining of shale gas, coal bed methane, or coal seam gas. In the candidate company, this potential purchaser will want to acquire a substantial stake, which may or may not be the majority interest. The deal size would ideally be between US$ 5 million -- US$ 150 million, and the total investment may come from a consortium when the actual size nears the higher end. This potential purchaser is a non-state owned oilfield service company based in China.
If you are a potential candidate company, contact us today.
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