|
|
Article: North Coast, Dutch firm sign deal.
- Article from:
- The Oil Daily
- Article date:
- August 6, 1997
CopyrightCOPYRIGHT 1997 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
North Coast Energy Inc. of Twinsburg, Ohio, has entered into a stock purchase agreement with Nuon International B.V. of the Netherlands under which the two companies will form a strategic alliance to develop energy services and products.
Under the deal, Nuon will invest up to $15 million in North Coast.
Nuon will buy 5.7 million shares of North Coast common stock for $5 million at a ...