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By Staff & news wires
21 February 2012 18:44 GMT
Turkmenistan-focused firm Dragon Oil, currently mulling an approach for British firm Bowleven, is continuing to scour the market for new opportunities as it looks to spend some of its $1.5 billion cash pile, its chief executive said.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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