Also active in this space is Frederick Erickson, who recently advised Cheung Kong Infrastructure and Power Assets Holdings in their C$ 1.7 bn acquisition of a 65 % interest in
certain oil assets from Husky Energy.
Not exact matches
And recessions are often presaged by
certain signals: rising jobless claims; falling home sales; an inverted yield curve; wage pressures that impact corporate margins; exogenous shocks, including
oil spikes; or destabilizing valuations in key
asset classes.
Steve Pastor, BHP's president for petroleum operations, said this week the company would consider swapping
certain onshore
oil and gas
assets with competitors» offshore
assets as part of its effort to exit U.S. shale operations.
The distribution follows the final settlement of the sale of Aspen's California
oil and gas
assets to Venoco, Inc., at which the parties made a number of immaterial adjustments to the purchase price paid at the June 30, 2009 closing, and made
certain other payments that were not determined until after the closing.
Companies that own
certain assets, primarily
oil and gas transportation and storage infrastructure, are allowed to pass on their expenses and profits to owners without paying corporate income taxes.
Unfortunately, the manat, like many other reserve currencies in the world including the Nigerian naira are dependent on the performance of
certain assets or industries such as
oil, and will continue to become more volatile and unpredictable in the upcoming years.