NewMed Energy Sells 10% Stake in Bulgarian Black Sea License to State-Owned BEH
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NewMed Energy LP has completed the sale of a 10% stake in its exploration license for Block 1-21 Han Asparuh in Bulgaria's Black Sea to Bulgarian Energy Holding EAD. The stake was sold equally by NewMed Balkan and OMV Offshore Bulgaria GmbH, resulting in new ownership stakes of 45% for both NewMed Balkan and OMV Bulgaria, and 10% for BEH.
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