BG Buys Exco Stake for $1.06 Billion to Tap Shale Gas

Today, Eduard Gismatullin article titled, “BG Buys Exco Stake for $1.06 Billion to Tap Shale Gas” hit the wire. BG Group Plc, the U.K.’s third- largest natural-gas company, bought assets from Exco Resources Inc. for $1.06 billion to develop its first U.S. shale gas project in the United States. They are entering the U.S shale [...]