OER Oil Acquires Aker Energy

OER Oil AS has agreed to acquire 100% of the shares in Aker Energy AS. The closing of the transaction is subject to the approval of the Norwegian Ministry of Oil and Energy. Lundin Petroleum owns a 75% interest in OER oil.

Aker is a Norwegian independent oil company, which owns a 49% interest in License PL270 consisting of the undeveloped Agat gas/condensate discovery, as well as certain tax assets.

Our Privacy Pledge

Most Popular Articles

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours