24-08-2016 16:45 via articlefeeds.nasdaq.com

Statoil Acquires Operatorship & Partial Ownership in P.2170

Statoil ASASTO has entered into a Sales and Purchase Agreement (SPA) with Jersey Oil and Gas plc and CIECO Exploration and Production (UK) Limited. According to the deal, Statoil will gain 70% ownership as well as operatorship
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