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Alliance to acquire Russian block

Russian-focused Alliance Oil is set to acquire GeoInvestService, the exploration licence holder for the West-Osoveiskoye Block in the Timano-Pechora region of Northern Russia, for $30 million.

$30 million: Alliance Oil adds the West-Osoveiskoye Block to its Russian acreage
$30 million: Alliance Oil adds the West-Osoveiskoye Block to its Russian acreage
Published 18 July 2012, 09:13Updated 18 July 2012, 09:13
Eastern Europe