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tdp2664 E money daily BP plc (NYSE:BP) has entered into a farm-out agreement with Enigma Oil & Gas Exploration Limited. BP plc (NYSE:BP) To Begin Farm-Out Deal Under this new deal, the UK based oil company BP plc (NYSE:BP) will acquire a 50% share of Chariot’s equity interest in Southern Block 2714A in Namibia. Enigma Oil & Gas Exploration is a wholly-owned subsidiary of Chariot Oil & Gas Limited. Paul Welch, CEO of Chariot said, "We are delighted to enter into this farm-out agreement with BP plc (NYSE:BP) whose global expertise of deep water exploration and related petroleum systems is exceptional and whose contribution to our campaign going forward will be invaluable. It is a pleasure to welcome another major oil company as a partner." BP plc (NYSE:BP) shares are currently standing at 39.7. Price History Last Price: 39.7 52 Week Low / High: 34.16 / 49.5 50 Day Moving Average: 43.57 6 Month Price Change %: -16.5% 12 Month Price Change %: -4.5%
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