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- Mitsui & Co., Ltd.
Corporate Communications Division
Mitsui & Co., Ltd. ("Mitsui") is pleased to announce that Mitsui E&P Texas LP ("MEPTX"), a wholly owned subsidiary of Mitsui, and SM Energy Company ("SME") have closed the previously announced agreement for MEPTX to acquire a 12.5% working interest in SME's Eagle Ford property in Texas, USA.
Mitsui has participated in shale oil/gas projects in the United States and Poland, and aims to expand its shale business into other countries leveraging its global network and the knowledge acquired through these projects.
This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently available to it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.