UPDATE 2-Vitol to offer $192 mln for Sterling Resources
Wed Feb 13, 2013 10:43am EST
* Purchase would give exposure to North Sea oil assets
* Offer amounts to around $192 million, or C$0.85/share* Follows financial assistance to Sterling Resources* Sterling Resources shares up 75 percent to C$0.83By Emma FargeGENEVA, Feb 13 (Reuters) - Top oil trading house Vitol plans
to offer C$192 million ($192 million) for Canada-listed oil and
gas group Sterling Resources, to gain a foothold in the
North Sea oil and gas sector.The Read more [...]