StatoilHydro has entered into an agreement to sell all of the former Spinnaker assets in the shallow water of the US Gulf of Mexico to Mariner Energy, Inc. for a cash consideration of USD 243 million.
The sale will be accomplished through the sale of its wholly owned subsidiary Hydro Gulf of Mexico, LLC. The sale comprises production of approximately 9,600 barrels of oil equivalent per day (boepd) with proven reserves of 8.3 million barrels oil equivalent.
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