2009-08-11-2007-09-01

Reserves: 700 MMBO

An affiliate of Cairo-based private-equity firm Citadel Capital and Logria Corp., a subsidiary of National Petroleum Co. SAE (NPC), an upstream vehicle established by Citadel, plan to acquire Egypt-focused Rally Energy Corp., Calgary, (Toronto: RAL) for C$7.30 per share in a deal valued at approximately C$898 million in cash. (For more on this, see E&P A&D – Africa.)