According to some reports, the U.S. oil giant Exxon Mobil Corporation (Exxon Mobil Corp) is considering a offer of £ 7 billion (about $ 10.9 billion) to acquire the UK oil enterprise Gulf Keystone Petroleum who discovered a large oil field in Iraqi Kurdistan.
According to the reports citing the words of the people who was familiar with the matter, Exxon had tested the transaction intention of Gulf Keystone, but the latter may not accept the purchase price of 800 pence per share.
Gulf Keystone shares closed at 165.5 pence on Friday, calculated by this price, the company’s current market value is 1.4 billion pounds.