Nautical, Statoil Finalize Mariner Sale

Nautical announced the completion of the sale of a 20.6667 percent interest in License P335 Block 9/11a, which contains the Mariner discovery, and associated rights to Statoil (U.K.) Limited.

The transaction has received approval from the Department of Energy and Climate Change and the joint venture partners. The sale proceeds of £87.5 million have now been received. The effective date of the transaction is 3 November 2010.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Executive Director
Expertise: Business Development|Executive|Project Management
Location: Houston, TX
 
Associate Product Portfolio Manager Job
Expertise: Business Development|Marketing|Sales
Location: Denver, CO
 
Sr Counsel - Litigation and Legal Technology
Expertise: Legal
Location: The Woodlands, TX
 
search for more jobs

Brent Crude Oil : $53.89/BBL 1.67%
Light Crude Oil : $50.84/BBL 2.14%
Natural Gas : $3.7/MMBtu 2.77%
Updated in last 24 hours