Uganda

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Uganda Favors ENI for Takeover of Oil Fields, New Vision Reports

Bloomberg - Wed Dec 9, 1:18 am ET

Dec. 9 (Bloomberg) -- Uganda supports ENI SpA’s planned purchase of Heritage Oil Corp.’s shares in two Ugandan oil fields because the Italian company has a strong financial base, the Kampala-based New Vision newspaper reported, citing Minister of State for Mineral Development Peter Lokeris.

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