Araca is targeting in-organic growth

Araca is targeting in-organic growth
General News - 08 October, 2018

Following a period with strong focus on internal improvements to operations and company structure Araca is now entering into a phase where it also is actively looking for acquisition opportunities to grow the company further. The most relevant targets are quality late stage development or producing onshore oil & gas assets with low committed capital expenditure. Araca is also open to owning the right assets in a partnership structure and may also evaluate related oil & gas business if accretive to its shareholders.


Interested parties may contact:

Harald Sætvedt
Phone: +47 911 37 234

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