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    HomeTopicsEnergyRomgaz signs exclusivity agreement with ExxonMobil for the acquisition of its shares...

    Romgaz signs exclusivity agreement with ExxonMobil for the acquisition of its shares in Romania

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    Romgaz and ExxonMobil signed an exclusivity agreement by which the seller grants Romgaz an exclusivity right for a period of 4 months (until October 15, 2021) with respect to the negotiations for the acquisition of all shares issued by (representing 100% of the share capital of) ExxonMobil Exploration and Production Romania Limited, company that holds 50% of the rights and obligations under the Concession Agreement for petroleum exploration, development and production in XIX Neptun Deep Block.

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