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Dow Jones – Ecuador May Pay $80 Million To Noble Assets – Deputy Oil Minister

Date: Dec 14, 2010

More news on Ecuador’s negotiations with foreign oil companies:

Ecuador could pay Houston-based Noble Energy Inc. (NBL) about $80 million for its assets after the company failed to reach an agreement on changing its production-sharing contract to a service contract, said Deputy Oil Minister Carlos Pareja in an interview with Dow Jones Newswires.

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