DNO Makes $300 Million Bid for Oil Producer Gulf Keystone

Updated on
  • Offer is ‘opportunistic’ after bond restructuring: Mirabaud
  • Bondholders took control of Gulf Keystone earlier this month

DNO ASA, the oil explorer focused on Iraq’s Kurdistan, offered to pay $300 million for regional peer Gulf Keystone Petroleum Ltd., which just completed a debt-restructuring deal with bondholders.

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