Reliance Industries has soldits 25% stake in an oil block in Yemen to Indonesia's Medco Energi for about USD 90 million, the firm's second overseas stake sale in one month. RIL's Dubai-based subsidiary Reliance Exploration & Production DMCC last month signed agreements to sell 25 per cent interest in producing Block 9 in Yemen to Medco Energi, industry sources said. The stake sale follows billionaire Mukesh Ambani-run firm exiting from two oil blocks in Kurdistan region of Iraq on July 19. RIL had in 2001 won Yemen's Block 9 along withHood Energy and Calvalley Petroleum Inc. RIL and Hood Energy held 25% stake each while Calvalley had the remaining 50%. Sources said RIL's sale agreement with Medco would be effective from January 1. While the agreement is for a 25% interest, Medco would effectively have a 21.25% participating interest in theblock because, under a regulation in Yemen, the contractor of a production-sharing agreement has to accommodate a working interest for
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Just too good: Ek Baar Santa Ne Socha, Bhagwan Ki To Sab Puja Karte Hain, Kyu Na Mai Ravan Ki Puja Karu.? Ho sakta hai wo free ho aur meri wishes puri karde. He prayed for 1 year... After 1 year, Raavan uske samne aaya... Ravan: Vats main tumse khush hua..3 vardaan maang lo... Santa: Nahi mujhe 100 vardan chahiye. Raavan: Vats main kewal 3 de sakta hu.., lena hai to le nahi to maa chuda. Santa: (ek minute sochkar) accha aapke hath me jo gada hai vo danda ban jaye. Raavan: Tathastu, ab dusri wish bolo? Santa: Is dande ko apni gand me daal lo, andar tak... Raavan: (confused) Tathastu, ab jaldi se tisri mang bhenchod bahut dard ho raha hai... Santa: Smiles & says, bhosdi ke, ab bol baki 97 wishes dega ya fir is dande ko andar hi 'Gada' banwa du...: u
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