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Philvb

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Philvb

Re: Philvb post# 192

Wednesday, 01/13/2016 3:21:42 AM

Wednesday, January 13, 2016 3:21:42 AM

Post# of 7915
Can't say compagnies are looking for oil ( see link Maersk and African oil )

Under the terms of the farm-out agreement, upon closing of the transaction Maersk will pay Africa Oil US$350 million as reimbursement for approximately 50%

http://www.marketwired.com/press-release/africa-oil-announces-farm-out-deal-with-maersk-oil-kenya-ethiopia-blocks-conference-tsx-aoi-2071380.htm


That's a lot of money !



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