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Pura Vida to seal Morocco deal

MARKET darling Pura Vida Energy is to seal a $230 million farm-out of its Mazagan permit in Morocco to Plains Exploration.

James McGrath
Pura Vida to seal Morocco deal

Plains Exploration said in a filing to regulators that it had agreed to pay Pura Vida an upfront $15 million for a 52% stake in the permit and would pay a further maximum $215 million to fund 100% of exploration...

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