Kosmos terminates acquisition plans for Sabre Oil's stake in Tano block
Posted On Tuesday, 8th May 2012
Kosmos Energy has terminated its proposed acquisition of Sabre Oil?s stake in Tano block. Kosmos say the agreement was reached by a mutual understanding between the two parties. It is not clear what might have influenced Kosmos decision to abrogate the planned acquisition. The oil exploration firm earlier this year announced it was in talks with Sabre to acquire its four percent interest in the block for a little over 400 million dollars. Kosmos was hoping to increase its stake in the block from 18 to 22.05 percent and the Jubilee field to almost 26 from 24 percent through the acquisition.
Ebusua Dwarfs are yet to reach new terms with shot-stopper Adade Foli, Ghanasoccernet.com can confirm.
Ghana goalkeeper Adam Larsen Kwarasey has been ruled out of next month's double-header 2014 FIFA World Cup qualifiers, according to reports.
Ghanaians Gladson Awako and Richard Kissi Boateng were on the score-sheet for TP Mazembe who defeated OC Muungano 3-0 in the DR Congo Super Ligue on Wednesday.
TP Mazembe stand-in coach Pamphile Mihayo has hailed the attacking abilities of Ghana pair Solomon Asante and Richard Kissi Boateng after their superb performance in their Confederation Cup win over Liga Muçulmana.
Officials of Inter Milan have arrived in Spain for showdown talks with Espanyol over the possible sale of their Ghanaian midfielder Mubarak Wakaso, Marca have reported.
Alhaji MND Jawula has hailed the meteoric rise of Ghana FA president Kwesi Nyantakyi at CAF, his lobbying skills by getting more Ghanaians to work with the continent's football governing body.