CanadianOxy Acquires Interests In Two Yemen Blocks Held By Kerr-McGee
The Calgary-based Canadian Occidental Petroleum Ltd. - operator of Yemen's producingMasila Block No. 14 - announced on 8 April that it has entered into an agreement with KerrMcGee Yemen, an affiliate of US Kerr-McGee Oil and Gas Corporation, for the acquisition ofinterests in two large exploration blocks in the Yemen. Under the terms of the agreement,CanadianOxy will acquire a 47.5%...
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