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Madagascar Oil sets up shop

Houston-based Madagascar Oil said it had arranged a development capital facility worth $85 million through Credit Suisse and other lenders.

Tasty treat: Madagascar Oil has won financing to pursue heavy oil deposits on the African island
Tasty treat: Madagascar Oil has won financing to pursue heavy oil deposits on the African island
  • Jonathan Davis
Published 29 March 2007, 16:09Updated 7 October 2016, 09:09
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