Germany: DEA to buy Mexico’s Sierra Oil & Gas

Germany: DEA to buy Mexico’s Sierra Oil & Gas

Germany’s Deutsche Erdoel (DEA) announced on Wednesday, December 5,  it plans to buy Mexican independent Sierra Oil & Gas in the largest such merger in Mexico since the historic 2014 energy reform that dismantled state-owned Pemex’s monopoly. The purchase will “provide us with a high-quality exploration and appraisal portfolio in one of the world’s most […]