TUNISIA
Poland’s Kulczyk Buys Winstar
Polish independent Kulczyk Oil Ventures is buying Tunisian-focused Canadian minnow Winstar Resources for $112mn and expects to more than double output to over 5,000 barrels of oil equivalent/day (boe/d) by 2015. The deal is subject to Winstar shareholder approval in a meeting slated for mid-June with closing expected late that month, Kulczyk says.
Winstar produces 1,900 boe/d (1,700 boe/d net), three-quarters...
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