The $5.2 million deal, which will be settled through both cash and by the assumption of debt and other liabilities, will include RK-Oil and BVN Oil, Urals said on Thursday.
"These acquisitions fit into our strategy of acquiring licences for exploration selectively at times of low oil prices and undertaking initial exploration, but waiting until conditions improve before further developing such assets,” Urals chairman Andrew Shrager said.
“They
