Nuevo Energy sells offshore Congo permit to Perenco for $62 million
Ray Tyson Petroleum News Houston correspondent
U.S.-based independent Nuevo Energy, which recently acquired Plains Exploration and Production, has signed an agreement to sell its interest in the Marine 1 Permit offshore the Republic of Congo to state-owned Perenco for $62 million, Nuevo said April 8. The sale would be effective Jan. 1, 2004, and....
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