Light on details yes, but some names dropped in the Australian overnight..
"Karoon Gas Australia has struck a deal to look for Brazilian offshore oil and gas assets with a German oil company owned by billionaire Russian oligarch Mikhail Fridman and advised by former BP chiefs John Browne and Tony Hayward and former BHP Billiton chief Chip Goodyear.
The Melbourne explorer announced yesterday that it had entered into agreements with Mr Fridman’s DEA Deutsche Erdoel to review, evaluate and potentially jointly bid for oil and gas assets off Brazil.
DEA has also been given an exclusive option to buy a non-operated interest of up to 50 per cent of Karoon’s Santos Basin exploration blocks in Brazil, including the Echidna and Kangaroos discoveries, subject to due diligence and agreement of terms. "
continues..:
http://www.theaustralian.com.au/bus...s/news-story/83b7a028cc7c6e02c1f661e719e3e88d
Karoonski strikes a deal with Russki oligarch
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