Philippines: Atok buys stake in Forum Energy for $2m

Philippines: Atok buys stake in Forum Energy for $2m

Photo: Otto Energy website.

Philippine-listed mining and energy company Atok-Big Wedge Co Inc has acquired over 6.6 million new shares of Forum Energy Limited amounting to $2 million realizing a 20 per cent ownership of the UK-based oil and gas exploration production firm.

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