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Name | Symbol | Market | Type |
---|---|---|---|
Omv Ag Bearer (PK) | USOTC:OMVKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0695 | -0.59% | 11.77 | 11.76 | 12.00 | 12.00 | 11.77 | 12.00 | 4,215 | 21:00:29 |
By Giulia Petroni
OMV AG said Friday that it has signed an agreement with Gazprom PJSC to extend the final phase of negotiations in regards to the Achimov stake until June 2022.
In October 2018, the Austrian oil-and-gas company signed an agreement for the potential acquisition of a 24.98% interest in the Achimov 4A/5A phase development for 905 million euros ($1.01 billion). The blocks are located in the Urengoy gas field in Western Siberia.
OMV said any significant development until the signing--particularly in relation to the effective date and purchase price--will be taken into account by the parties.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
March 06, 2020 07:37 ET (12:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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