Pavilion Energy Acquires Stake in Tanzania Blocks from Ophir Energy
Posted on 11/15/2013
Temasek Holdings, through its wholly-owned portfolio company Pavilion Energy, has announced an agreement to purchase a 20% stake in Tanzania Blocks 1, 3 and 4 from Ophir Energy plc. Ophir is a constituent of the FTSE 250 Index. According to a statement issued by Pavilion Energy, the entity will pay $US 1.3 billion for the […]
