DTE Energy to sell some Barnett Shale gas properties

venerdì 7 dicembre 2007 22:10

Dec 7 (Reuters) - DTE Energy (DTE.N: Quotazione) said it agreed to sell a portion of its Barnett Shale gas properties to a third party for about $260 million.

The properties include 153 billion cubic feet of proved and probable reserves on 11,000 net acres in the core area of the Barnett Shale near Dallas, Texas. The deal is expected to close in January, the company said. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)