Market Impact: Positive. Valeura has signed a definitive farm-out agreement with Statoil for the deeper rights on the Banarli License. The signing of the agreement with significantly reduce the market's perception of deal risk and country risk.
22 Aug 2016
SIGNS DEFINITIVE FARM-OUT AGREEMENT WITH STATOIL
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SIGNS DEFINITIVE FARM-OUT AGREEMENT WITH STATOIL
Market Impact: Positive. Valeura has signed a definitive farm-out agreement with Statoil for the deeper rights on the Banarli License. The signing of the agreement with significantly reduce the market's perception of deal risk and country risk.