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MOL: North Idku Field, Offshore Nile Delta, Egypt

London

29 September 2000

MOL Hungarian Oil & Gas Plc has sold a 20 per cent interest in the North Idku block offshore exploration consortium, GEOGE Idku, to the German operator RWE-DEA. The agreement is worth $10 million.

Stellar acted as advisors to MOL Hungarian Oil & Gas Plc