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Post# of 362748
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rambus

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rambus

Re: None

Monday, 11/05/2007 8:59:58 PM

Monday, November 05, 2007 8:59:58 PM

Post# of 362748
two percent

By the terms of the agreement, Addax Petroleum will acquire Esso’s 40 percent interest in bloc 1 and, as consideration, to pay $77.6 million (N9.8-billion) and two percent of Addax Petroleum’s share of profit from oil produced from the bloc.

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