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OIL, IOC acquire US shale assets for $82.5M

BY  TEAM VCC
Jointly picks 30% stake in Carrizo's Niobrara shale in Denver.

Oil India Ltd (OIL) and Indian Oil Corporation (IOC) have jointly acquired stakes in Carrizo Oil & Gas Inc’s (Carrizo) liquid rich shale assets in the Denver – Julesburg Basin in Colorado for $82.5 million.

Indian energy players...

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