Shell Bids $1.6 Billion for African Oil Explorer
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Posted On: 02/23/2012 4:25:26 AM
Shell Bids $1.6 Billion for African Oil Explorer Cove Energy
Royal Dutch Shell Plc, Europe’s largest oil company, offered to buy African explorer Cove Energy Plc for 992.4 million pounds ($1.6 billion) to gain a foothold in Mozambique.
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