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Tuesday, 07 October, 2008, 19:40 GMT | more prices >>

Petrolia ups stake in Petrojack



By Upstream staff 

Norway's Petrolia Drilling has entered into an agreement to buy 25 million shares at Nkr22 ($3.52) in Petrojack, representing 38.48% of the outstanding shares/votes in the company.

Petrolia Drilling said that on completion of the transaction it will hold 25,946,200 Petrojack shares, equal to 39.93% of the outstanding shares/votes.


Friday, 02 February, 2007, 08:54 GMT  | last updated: Friday, 02 February, 2007, 08:54 GMT

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