Somalia: Africa Energy Corporation pulls out of Puntland
Issue 304
- 11 Jul 2015
| 1 minute read
Africa Energy Corporation, the former Horn Petroleum, has given notice to the authorities in Puntland that it intends to withdraw from the January 2007 Nugaal and Dharoor production-sharing agreements (PSAs) with immediate effect. Horn suspended its operations in Puntland in February, and relaunched in March with a new name and new corporate strategy.
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