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IS - Energean may not get Algerian gas in Edison E&P acquisition - December 2019



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UK-listed Energean Oil & Gas’ proposed acquisition of Edison E&P may exclude the Electricite de France subsidiary’s Algerian assets. In a Dec. 21 filing, Energean said Algerian authorities have yet to approve the deal and are seeking discussions with Edison regarding the assets, and the two companies are in talks about potential amendments to the $750 million transaction in case the Algerian assets are excluded. Edison owns 11% WI in the Repsol-operated Reggane North......
 
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