Urals Energy completes acquisition of Arctic Oil Company
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
Further to the announcement made on 23 August 2016, Urals Energy (AIM:UEN), the independent exploration and production company with operations in Russia, has confirmed that the acquisition of the entire share capital of Arctic Oil Company Limited (ANK) from JSC ArcticMorNefteGazRazvedka (AMNGR) has completed. The consideration for this acquisition remains as disclosed in the company's announcement of 23 August 2016.
Adapted from a press release by Louise MulhallRead the article online at: https://www.oilfieldtechnology.com/exploration/06092016/urals-energy-completes-acquisition-of-arctic-oil-company/
You might also like
McDermott awarded offshore contract by Brazil's BRAVA Energia
Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment for two new wells at the Papa-Terra field and two new wells for the Atlanta Phase 2 development.