KAR 0.93% $1.61 karoon energy ltd

brasil oil game heating up

  1. 1,676 Posts.
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    OGX are also looking at selling a stake in some of their interests.

    Looks like the Chinese are going crazy for it.

    http://www.bloomberg.com/news/2010-09-10/cnooc-sinopec-said-to-weigh-7-billion-offer-for-assets-of-brazil-s-ogx.html

    Don't think we will have trouble getting KAR Brasil away.

    Cheers

    Baraka
 
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