Beach Moves Forward with Gulf of Suez Acquisition

  • Beach Moves Forward with Gulf of Suez Acquisition

    Beach Moves Forward with Gulf of Suez Acquisition

    Monday, 30th June 2008
    Beach Petroleum announced that it had entered into an agreement with Tri-Ocean Energy Company under which Beach will acquire a 20% interest in the North Shadwan Concession, located in the Gulf of Suez at a cost of US $110 million.