OMV Takes Over Part Of Hess' Portfolio In The UK – ValueWalk Premium

OMV Takes Over Part Of Hess' Portfolio In The UK

OMV AG (ADR) (OTCMKTS:OMVKY) is expanding its asset base in the UK core area. OMV has recently reached an agreement with Hess Corp. (NYSE:HES) to acquire four licenses in the West of Shetland (WoS) area in the United Kingdom. These four licenses include two blocks in Cambo and two others in the Blackrock prospect which have been acquired at a total cost of USD 50 million.


Cambo area in the North Sea
OMV . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0