(via NewsDirect)
Uliel confirms that the transaction aligns with the company's strategy to monetise non-essential assets. Additionally, Uliel shed light on the ongoing negotiations for a farm-in deal in
He emphasises the complexity of partnering with large multinational oil companies and the importance of due diligence in such long-term projects. Despite market demands for swift outcomes, Uliel remains confident in achieving a deal by year's end, urging patience as the detailed process unfolds. He says "I've been very very clear to everyone saying that our target is to get a deal out into the market before the end of the year... and now let's see how the rest of the year pans out."
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