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Transeuro Energy To Buy Assets In Russia Worth $25-39mln In 2009

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  • Transeuro Energy To Buy Assets In Russia Worth $25-39mln In 2009

    TRANSEURO ENERGY TO BUY ASSETS IN RUSSIA WORTH $25-39MLN IN 2009

    RIA Novosti
    20:02 | 08/ 12/ 2008

    MOSCOW, December 8 (RIA Novosti) - Canadian oil company Transeuro
    Energy plans to buy assets in Russia worth 20-30 million euros
    ($25-39 million), the company president said Monday.

    David Worrall told reporters that the company wants to buy small oil
    production companies with assets in Russia. He said there have been
    preliminary talks with several companies, but did not give further
    details.

    Transeuro Energy has oil assets in Canada, Ukraine and Armenia.
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