GAS

Rialto takes larger bite of west African block

RIALTO Energy has raised $55 million to increase its interest and finance the 2011 required work program in a west African exploration block in Ivory Coast containing underexplored oil and gas discoveries.

Rialto takes larger bite of west African block

Earlier this year, the company acquired 100% of CLNR Holdings, which holds a 75% interest in C&L Natural Resources. C&L Natural in turn holds an 85% interest in block CI-202, a highly prospective petroleum...

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