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November 22, 2009 10:44:10 PM EST

United Kingdom News

Eni SpA Reportedly To Buy Stakes In Two Ugandan Oil Fields From Heritage Oil

(RTTNews) - Eni SpA(E)of Italy will acquire stakes in two Ugandan oil fields from Heritage Oil Plc (HOIL.L) for more than $1.3 billion, according to media reports.

The deal could be announced on November 23, 2009, reports specified. Under the deal, Heritage will pay a special dividend of between 90 pence and 100 pence per share to investors, reports added.

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(continued...)

Sunday November 22, 2009

  • *WSJ: Eni SpA To Buy Stakes In Two Ugandan Oil Fields From Heritage Oil Plc For $1.3 Bln
    21:20:00 EST

Saturday November 21, 2009

Friday November 20, 2009

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