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KrisEnergy buys 60% of exploration block in Thai gulf

Published Tue, Jan 28, 2014 · 10:00 PM
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KRISENERGY yesterday announced its acquisition of a 60 per cent stake in exploration block G3/48 in the Gulf of Thailand from UAE's Mubadala Petroleum.

When contacted, the Singapore-listed upstream oil and gas company declined to disclose the value of the deal.

The acquisition agreement, signed by its unit KrisEnergy (Gulf of Thailand) Ltd, includes the…

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