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0.000137268359642977 0.0005490734385723 0.00205902539464642 0.00301990391214823 0.00082361015785845 0.00164722031571709 0.00192175703500344 0.00288263555250506
Stock impact report

Seacrest Capital seeks more Norway, UK oil deals [Reuters]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
Seacrest Capital seeks more Norway, UK oil deals | Reuters Reuters Staff 2 Min Read OSLO, June 22 (Reuters) - Oil and gas-focused private equity firm Seacrest Capital is planning more offshore deals in Norway after buying stakes in two fields from Royal Dutch Shell this week, and is also seeking deals in Britain, a partner at the company said on Friday. Shell said on Wednesday it had agreed to sell its 45 percent interest in the Draugen field and 12 percent interest in Gjoa to OKEA, an upstart Norwegian oil firm backed by Seacrest, for around $566 million. The deal will give OKEA net daily production of around 22,000 barrels of oil equivalent per day, as well as a cash flow which can be invested in further projects. “We expect to be able to announce more projects in Norway, possibly by end of this year or beginning of 2019,” Seacrest partner Paul Murray, an OKEA board member, told Reuters. He said the company was primarily looking at developing discoveries which have been well apprais Show less Read more
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