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CNOOC Up 2% on Stake Purchase from Tullow Oil in Uganda
CNOOC Up 2% on Stake Purchase from Tullow Oil in Uganda
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CNOOC Up 2% on Stake Purchase from Tullow Oil in Uganda
CNOOC (CEO) is up 2.17% to 250.48 in mid-day trade on plans to purchase a one-third stake in three Ugandan exploration areas from Tullow Oil for $2.9 bln. The move positions the African nation to become a major oil producer, according to the Wall Street Journal.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: March 30, 2011
Date Produced: March 30, 2011
View Count: 0
 
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