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Name | Symbol | Market | Type |
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VanEck ETFs NV | EU:TOF | Euronext | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-0.06 | -0.08% | 79.26 | 79.05 | 79.51 | 79.26 | 79.26 | 79.26 | 15 | 09:03:04 |
RNS Number:3133K Total Fina Elf. 23 April 2003 Gabon: TotalFinaElf Announces the Signature of the Extension of the Rabi-Kounga License with Gabonese Republic Paris, April 23, 2003 - TotalFinaElf announces the signature of an exploration and production sharing contract (ESPC) with the Gabonese Republic covering the onshore Rabi-Kounga oil field located in the Gamba region. Until now, the facility was being developed under a concession license that was due to expire in 2007. The EPSC takes effect on January 1, 2003 for an initial ten-year period and is followed by two additional five-year terms. This new contract will enable investments of approximately $150 million to improve oil recovery at Rabi-Kounga. Today, the field produces roughly 55,000 barrels of oil per day. Through the company's subsidiaries Elf Gabon and Elf Aquitaine, TotalFinaElf holds a consolidated share of 47.5% for the block, along with Amerada Hess Production Gabon (10%) and Shell Gabon (42.5%. operator). With this contract, TotalFinaElf once again demonstrates its commitment to developing Gabon's economy and oil industry. This information is provided by RNS The company news service from the London Stock Exchange END CNTBRGDSBSDGGXX
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