We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » May 9, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
PKN Orlen's Canadian unit buys local rival Birchill Exploration
May 9, 2014   
Article's tools:
Print

Poland's top oil refiner PKN Orlen's Canadian upstream unit TriOil signed an agreement to purchase upstream firm Birchill Exploration from Luxembourg-based Birchill Investments, a transaction which will double PKN Orlen's oil and gas reserves base in Canada, PKN Orlen said in a market filing on Thursday.

"In PKN Orlen’s opinion, completion of the transaction will double Orlen Capital Group’s oil and natural gas reserves base in Canada," Orlen said.

Orlen plans to close the transaction in Q2 2014, when it expects to provide further details of the deal, the filing said.
© The Warsaw Voice 2010-2013
E-mail Marketing Powered by SARE