"Heritage Sells Fields to Eni
By REUTERS
Published: November 23, 2009
LONDON (Reuters) - Explorer Heritage Oil said it had agreed to sell its Ugandan interests to Italy's Eni for up to $1.5 billion (905 million pounds) as the Italian oil major builds its presence in Africa through acquisitions.
Heritage, whose other main assets are undeveloped fields in Iraq's semi-autonomous Kurdish region, added it had terminated merger talks with Turkey's Genel Energy, a unit of the Cukurova Group, one of Turkey's largest conglomerates."
More:Heritage Sells Fields to Eni - NYTimes.com