Ivanhoe Energy, Inc.(IVAN)- NASDAQ
  • Nov. 21, 2012, 12:01 PM

    Ivanhoe Energy (IVAN -1%) gives back early morning gains after announcing the sale of its wholly owned subsidiary, Pan-China Resources, to MIE Holdings for $45M in cash. Pan-China Resources holds 100% of the foreign contractor's rights for the Dagang Production Sharing Contract. The deal is expected to close in the next 30 days, and has an effective date of September 30.

    | Nov. 21, 2012, 12:01 PM