Liberty Resources (LIBY) to Combine with Caspi Oil Gas LLP in $428M Deal

Liberty Resources (NASDAQ:LIBY) has entered into a binding amendment to a previously executed non-binding acquisition letter with Caspi Oil Gas LLP at a pro forma enterprise value of $427.7 million. West Kazakhstan-based Caspi is the owner of the Rakushechnoye Oil Field, which covers an area of about 287 sq km in the south-western Manghystau Province. The
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