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Congo Republic: Oryx sells Haute Mer B stake to Total

Oryx Petroleum Corporation on 23 April announced an agreement to sell its 30% stake in the Haute Mer B exploration licence to operator Total for $8m in cash. Oryx, which farmed into the licence in 2012, also has a 20% interest in Haute Mer A, which is a deep-water exploration licence area operated by CNOOC.

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African Energy Gulf States Newsletter