Tetra Technologies Inc said it will sell majority of its exploration and production unit's properties to Tana Exploration for $222.3 million, a month after the oil and gas services company started exploring alternatives for that business. Tetra's exploration and production unit, Maritech Resources, acquires and develops properties in the Gulf of Mexico. In February, the company had outlined its strategy for Maritech, to focus on selective reinvestment in core properties and divestment of non-core assets.
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