Tom, here are some PAST (note dates) news items you may be looking for. . .
_ Thursday September 25 4:33 AM EDT
_ Chaparral calls off oil deal with MMS LONDON, Sept 25 (Reuter) - Independent oil and gas exploration company MMS Petroleum Plc said on Thursday that Chaparral Resources Inc (CHAR) has ended talks to sell a 17.5 percent working interest in the Karakuduk oil field in Kazakstan.
_ MMS said it was reviewing its legal options with regard to the transaction. It signed a memorandum of understanding with Chaparral in April.
_ Under the deal, MMS was to pay Chaparral around $6.0 million in cash over three tranches together with 2.5 million shares in MMS. It had also agreed to take a 35 percent interest in Central Asian Petroleum Guernsey Ltd, a unit of Chaparral.
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MOSCOW, Oct 10 (Reuter) - Western oil companies, with billions of dollars of investments tied up in Kazakhstan's booming energy sector, will be watching Friday's political machinations in Almaty with more than a hint of anxiety.
_ Kazakh President Nursultan Nazarbayev accepted the resignation of reform-friendly Prime Minister Akezhan Kazhegeldin, putting in his place political ally Nurlan Balgimbayev, who is head of state oil company Kazakhoil.
_ Kazhegeldin's eclipse will be a blow to foreign energy investors, as he was the driving force behind this year's high-speed sell off of some of the former Soviet republic's most enticing oil riches.
_ And both Balgimbayev and the Kazakhoil empire he heads are unknown quantities to many oil executives.
_ ''Any change in a personality-driven political system like Kazakhstan's is a cause for nervousness,'' said Julian Lee, oil analyst at the Centre for Global Energy Studies in London.
_ ''Foreign oil companies felt they could do business with Kazhegeldin, so any change will make them apprehensive.''
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I hope this is what you are looking for.
Eakole |
