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Cairn buys further position in Morocco

August 28, 2012 Comments Off on Cairn buys further position in Morocco

August 28, 2012, 11:10 am

LONDON (Reuters) – British oil firm Cairn Energy bought a further position to hunt for oil and gas off the coast of Morocco, building on its strategy to balance its exploration portfolio beyond high-risk Greenland.
The company said on Tuesday that it would pay $60 m…

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