Summary
MELROSE Resources has become the fifth Scottish oil explorer in five months to tap the markets for cash, raising GBP 11.2 million to bring forward its exploration in Bulgaria.
Melrose's move takes the amount raised by Scottish oil companies in placements since March to more than GBP 250m.See the full content of this document
Extract
Melrose Taps Markets for New Well
Edinburgh-based Melrose, which has most of its production in Egypt, but also operates in the Black Sea and the United St...
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