Spain’s Repsol buys U.S. shale oil and gas assets from Rockdale Marcellus for $222-million

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Repsol will pay $220-million in cash and assume an additional $2-million in debt, a spokesperson said. The assets were sold by Rockdale Marcellus as part of a Chapter 11 process

Spain’s Repsol has bought shale oil and gas assets from U.S. firm Rockdale Marcellus for $222-million, a company spokesperson said, confirming a report from Marketline.

Repsol will pay $220-million in cash and assume an additional $2-million in debt, he said. The assets were sold by Rockdale Marcellus as part of a Chapter 11 process.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.

 

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