Heritage ties up with Turks as Asians woo Addax

Issue 165 - 20 Jun 2009 | 4 minute read
News that Heritage and Addax seem to have found wealthy suitors, plus a series of share placings, suggest an uptick in the fortunes of junior oil companies as Asian players and some majors look to build their frontier E&P portfolios through mergers and acquisitions, writes Thalia Griffiths.

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