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Oil & Gas

Trap Oil has Athena stake

Trap Oil says it has completed its acquisition of a 15% stake in the Athena oilfield, 112 miles north-east ofAberdeen, for £31.8million.
By Alexander Holmes
24/12/2012, 5:15 pm Updated: 27/12/2012, 5:16 pm
Trap Oil has Athena stake
Trap Oil says it has completed its acquisition of a 15% stake in the Athena oilfield, 112 miles north-east ofAberdeen, for £31.8million.

Trap Oil says it has completed its acquisition of a 15% stake in the Athena oilfield, 112 miles north-east ofAberdeen, for £31.8million.

The final value of the deal is less than the £34.5million previously announced.

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