LONDON: Afentra plc, the AIM-listed oil and gas entity with a focus on African assets, has announced the Angolan government’s approval for its acquisition of interests in two oil blocks from Azule Energy Angola Production B.V. The deal, which involves a 12% stake in Block 3/05 and a 16% stake in Block 3/05A, is now…
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Afentra buys more stakes in Angola blocks for $105m
LONDON, UK: Afentra has announced that it has agreed to buy more stakes in two offshore blocks in Angola for a total of $105 million. The company said it will buy a 12% interest in Block 3/05 and a 16% interest in Block 3/05A from Azule Energy Angola Production B.V. for $48.5 million upfront and…