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Heritage and Shoreline move on OML 30
02 July 2012
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[shoreline]
[heritage oil]
Heritage Oil and Shoreline Power have agreed to buy a 45% interest in the OML 30 Nigerian onshore oil lease for $850 million. The joint venture between the two, Shoreline Natural Resources, has agreed to buy the assets from Shell (with 30% of the licence), Total (10%) and Eni (5%). Shoreline Power will own 55% of...
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