Eastern Petroleum Grabs Majority Stake In Jura Energy
Under the terms of the deal, Eastern Petroleum, which is incorporated in Mauritius, will turn over Spud Energy Pty. Ltd. to Jura and receive 73.6 percent of the Calgary-based energy company's stock.
Spud Energy, which Jura said had a working interest in five petroleum projects in Pakistan, will be transferred to Jura ownership once the deal...
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