(Bloomberg) -- Plains Exploration & Production Co.,
a U.S. oil and natural-gas producer, agreed to acquire Pogo
Producing Co. for about $3.6 billion in cash and stock.
Pogo stockholders will receive 0.68201 share of Plains
Exploration and $24.88 in cash for each of their shares,
according to a statement today from Houston-based Plains
Exploration.
Read more at Bloomberg Energy News
a U.S. oil and natural-gas producer, agreed to acquire Pogo
Producing Co. for about $3.6 billion in cash and stock.
Pogo stockholders will receive 0.68201 share of Plains
Exploration and $24.88 in cash for each of their shares,
according to a statement today from Houston-based Plains
Exploration.
Read more at Bloomberg Energy News
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