Verus to buy Babbage stake from Premier

Verus Petroleum UK Ltd., Aberdeen, will gain 2,400 boe/d of natural gas production through the purchase of interests in the southern UK North Sea from Premier Oil PLC, London. Source: News

MARKET WATCH: Brent ends April above $75/bbl

Brent crude oil settled slightly above $75/bbl on the London market Apr. 30 while light, sweet crude oil prices rose modestly on the New York market.  Source: News