Risco Energy to Acquire Galoc Oil Field Operator GPC for $101.4M
Risco’s Strategy
Risco’s strategy is to build a balanced portfolio of oil and gas producing, development and appraisal assets with modest brownfield exploration exposure in ASEAN leveraged off GPC as a core asset. Risco is committed to growing the portfolio organically and inorganically and hence will be actively looking to grow in the Philippines particularly where there are strategic, operating and capability synergies.
Risco has appointed Macquarie Capital (Australia) Limited as its advisor in relation to this transaction.
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