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DGOTue, 30th Sep 2014 10:14
ALGIERS, Sept 30 (Reuters) - Algeria awarded four of 31 oiland gas field blocks on offer in an auction on Tuesday with allfour won by foreign consortiums, officials said.
Royal Dutch Shell and Spain's Repsol wonthe Boughezoul area in the north of the country while Shell andNorway's Statoil won the Timissit area in the east. Aconsortium of Enel and Dragon Oil won theTinrhert and Msari Akabli areas. (Reporting by Hamid Ould Ahmed and Patrick Markey; editing byJason Neely)
** Dragon Oil up c.8 pct & poised for biggest one-day rise since mid March ** Dragon Oil says ENOC increased offer to 750p in cash per share, valuing the business at c.3.7 bln pounds ** ENOC, which already owned 54 pct of Dragon Oil, had in May made an offer of 735p (RM: tricia.wrig
Read moreLONDON, June 15 (Reuters) - Turkmenistan-focused oil explorer Dragon Oil said on Monday it had agreed improved takeover terms with Emirates National Oil Co (ENOC) after the group increased its offer to buy out the minority shareholders. Dragon Oil said ENOC had increased its offer to 750 pe
Read more(Adds Dragon Oil response) LONDON, May 21 (Reuters) - Emirates National Oil Co (ENOC) went public with an offer to buy out minority shareholders in Dragon Oil, saying talks with a committee set up by the Turkmenistan-focused oil explorer had not yet produced the endorsement it believed its
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Dubai's national oil company, Emirates National Oil Company (ENOC), has agreed to acquire London and Ireland-listed Dragon Oil for £3.6bn. ENOC, which made an initial approach for the Turkmenistan-focused Dragon on 17 March some six years after an earlier bid, has offered 735p per share after talks
Read moreLONDON, May 21 (Reuters) - Emirates National Oil Co (ENOC) went public on Thursday with an offer to buy out minority shareholders in Dragon Oil for 735 pence a share, after talks with a committee set up by the Turkmenistan-focused oil explorer proved fruitless. ENOC, which already owns 54 p
Read more** Turkmenistan-focused oil explorer's shares up as much as 8.7 pct after Emirates National Oil Company confirms possible offer of 735 pence per share ** Deal values Dragon Oil's share capital at about 3.6 bln stg ** Day high of 701.5 pence still below offer price, with stock trading
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