Genel Energy Targets DNO to Boost Kurdish Oil Foothold
48628 perle 15/11 2011 19:58
DNO.OL (+1,10%)
Genel Energy Plc, the biggest oil producer in Kurdistan, plans to start acquisition talks with Norway's DNO International ASA (DNO) as soon as its Merger with ex-BP Plc chief Tony Hayward's Vallares Plc is completed.
"We have a serious amount of cash in our coffers and DNO is already our natural partner in northern Iraq," Genel's President Mehmet Sepil said today in a telephone interview from Ankara. "We can start official talks after our listing."
http://www.bloomberg.com/news/2011-11-15/genel-expect..
"We have a serious amount of cash in our coffers and DNO is already our natural partner in northern Iraq," Genel's President Mehmet Sepil said today in a telephone interview from Ankara. "We can start official talks after our listing."
http://www.bloomberg.com/news/2011-11-15/genel-expect..
