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Molopo bags $187M on Spearfish sale

MOLOPO Energy's investment in the Spearfish oil play in Canada has proved to be highly profitable...

Marija Stojkovic

The purchase price comprises $93 million in cash and 6.18 million in Legacy shares (about 4.9% of Legacy's current issue capital). Molopo acquired the Spearfish oil play in September 2009 and said the...

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