
Marubeni has sold its 12.5% non-operated working interest in the Chevron-operated Big Foot development to Modiin Energy for US$190 million. The stake will be held through ME Big Foot, with Modiin owning 90% and Eventide Partners the remaining 10%.

Marubeni has sold its 12.5% non-operated working interest in the Chevron-operated Big Foot development to Modiin Energy for US$190 million. The stake will be held through ME Big Foot, with Modiin owning 90% and Eventide Partners the remaining 10%.