"IHS T. Pearmain and S. Ciszuk on Eni's purchase of Heritage
Eni Buys Heritage's Ugandan Blocks; Genel Merger Called Off
Eni has agreed to acquire Heritage's two prolific Ugandan blocks, giving the company a massive cash injection to fund further exploration and allowing it to back out of the delayed merger with Turkey's Genel Enerji, which would have exposed it much further to political risk in Iraqi Kurdistan."
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