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Faroe Hits Target At Pil Prospect

UK-based oil and gas company Faroe Petroleum has encountered around 135 metres (m) of oil and 91m of gas pay from the Pil exploration well 6406/12-3S at its Draugen oil field on licence PL 586 in the...

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BlackBerry Crumbles And Goes Private

BlackBerry has agreed to be acquired by one of its largest individual shareholders in a deal that values the business at just US$4.7bn. Canadian insurance company Fairfax Financial Holdings Ltd -...

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