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Opus X

10/06/09 10:33 AM

#181452 RE: nh #181451

Ahh..they just threw a little XOM pocket change at it that's all! :-)

LONDON, Oct 6 (Reuters) - Exxon Mobil (XOM.N) has agreed to buy Kosmos Energy's stake in the Jubilee field in Ghana, three sources close to the matter said on Tuesday.

Private equity-backed Kosmos is a partner in the multi-billion barrel field with Tullow Oil (TLW.L) and Anadarko Petroleum (APC.N).

Exxon declined comment and Kosmos was not available for comment.

The sources did not say how much Exxon would pay but anlaysts have previously said the stake could be worth up to $5 billion. (Reporting by Tom Bergin; Editing by Dan Lalor)

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mugwump

10/21/09 10:03 AM

#183829 RE: nh #181451

nh
thanks- i agree
xom will probably do more and anadarko is a likely takeover target