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PKN frees up cash for exploration with $383 million RBS deal

From Reuters: Energy
December 28, 2012 - 12:39pm
WARSAW, Dec 28 (Reuters) - Polish oil refiner PKN Orlen has sold some of its so-called mandatory oil stocks to Royal Bank of Scotland for $383 million, freeing up funds for the company's energy and shale gas exploration projects, PKN said on Friday.

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