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Petroperú expects to make Alta Mesa a partner in the country’s largest oil field

by Wendy

Market news: The chairman of Peru’s state-owned oil company Petroperú said that it is expected to obtain regulatory approval by the end of June, making Alta Mesa, a Canadian oil and gas company, a partner in the country’s largest oil field. The company is evaluating a $120 million financing as a potential back-up for cash flow issues.

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