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Heritage Oil to fund Nigeria deal by Kurdistan block

August 21, 2012 Comments Off on Heritage Oil to fund Nigeria deal by Kurdistan block

August 21, 2012, 12:50 pm

By Brenton Cordeiro
(Reuters) – Heritage Oil Plc will sell part of a gas block and borrow money from Genel Energy Plc to raise $450 million, easing concerns about how it will fund oilfield purchases in Nigeria.
Heritage Oil shares jum…

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