[lbo-talk] Nippon Oil acquires 75 pct stake in Malaysia field

uvj at vsnl.com uvj at vsnl.com
Wed Dec 12 16:08:16 PST 2007


Reuters.com

UPDATE 2-Nippon Oil acquires 75 pct stake in Malaysia field http://www.reuters.com/article/rbssEnergyNews/idUST8761620071207?sp=true

Fri Dec 7, 2007

(Adds Petronas statement)

TOKYO/KUALA LUMPUR, Dec 7 (Reuters) - Nippon Oil Corp (5001.T: Quote, Profile, Research), Japan's top oil refiner, said on Friday it had taken a 75 percent stake in Malaysia's onshore field with potential oil reserves. Petronas, the Malaysian state energy firm, said the award of the block in the eastern state of Sarawak marked a possible revival of active onshore exploration activities in Malaysia. http://www.reuters.com/article/rbssEnergyNews/idUST8761620071207?sp=true



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