Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 09-03-2016 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | MIE Holdings Corporation Disposal of Kazakh Oil and Gas Assets | Industry: | Oil & Gas Producers |
| Description: |
Herbert Smith Freehills advised MIE Holdings Corporation on the disposal of 60% of its indirectly wholly-owned subsidiary, Palaeontol B.V., to Reach Energy Berhad for USD154,889,000. Palaeontol B.V. indirectly held oil and gas assets in southwest Kazakhstan, including four existing oil and gas producing fields as well as one exploration area.
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| Financial Center: | Hong Kong | Value: | 100.01-500.00 |
| Advised Party: | Seller | Law Firm | Herbert Smith Freehills |
| Assets Jurisdiction | Kazakhstan | Purchaser Jurisdiction | Malaysia |
| Classification: |
Transfer of Infrastructure Assets Oil & Gas Assets |
Lawyer | Hilary Lau |
