Longford Energy Inc V.LFD

T/O rumours

[Speculadoros]

The former BP chief wants to lead a consolidation in the semi-autonomous region of northern Iraq. Kurdistan has become a hot new oil province after big finds in recent years. Interest was piqued this month when oil giant Exxon bought the rights to half-a-dozen fields. Hayward has drawn up a shortlist thought to include Aspect Energy and Longford Energy, two small firms with Kurdish operations. He has also held informal talks with DNO, a Norwegian producer and joint-venture partner of Genel. Sources said another candidate is Heritage Oil, the FTSE 250 firm run by Tony Buckingham, a former mercenary. https://www.thesundaytimes.co.uk/sto/business/Industry/article825752.ece