Verenex Extends MOU with Libyan Investment Authority

Verenex announced that negotiations with the Libyan Investment Authority (the "LIA") and its legal and other advisors on the definitive agreement for the acquisition of Verenex by the LIA, contemplated in the memorandum of understanding announced on September 18, 2009 (the "MOU"), are progressing consistent with the terms outlined in the MOU but require additional time to be completed. Accordingly, an extension to the MOU has been agreed which provides for signing of the definitive agreement on or before November 6, 2009.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Land GIS Spatial Analyst - Mineral Land
Expertise: Contracts Engineer|Geologist|Lease Analyst
Location: Denver, CO
Regional Sales Executive
Expertise: Business Development|Sales
Location: Jacksonville, FL
Land Representative - MCBU Midland Surface
Expertise: Landman
Location: Midland, TX
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours