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Total invests $700m in US

January 04, 2012 00:00:00



PARIS, Jan. 3 (Xinhua): France's leading energy producer Total announced Tuesday the acquisition of a quarter of shale gas deposits' capital in the United States for 700 million U.S. dollars.
Via its subsidiary Total E&P USA, the French group finalised the agreement to create a joint venture with Chesapeake Exploration and EnerVest Ltd.

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