_Economy and Finance

KNOC strikes oil in Canada Monday, September 30th, 2013 http://sweetcrudereports.com/2013/09/30/knoc-strikes-oil-in-canada/ 30 September 2013 News Wires - State-run Korea National Oil Corp, KNOC, said on Sunday its Canadian subsidiary found at least 5.9 million barrels of oil in a well where it began drilling earlier this month.

Canada's Harvest drilling finds 5.9 mln bbls oil reserve - KNOC SEOUL, Sept 29 | Sun Sep 29, 2013 5:33am EDT (Reuters) - State-run Korea National Oil Corp (KNOC) said on Sunday its loss-making subsidiary Harvest Operations had found at least 5.9 million barrels of crude oil in a Canadian well where it began drilling earlier this month. http://www.reuters.com/article/2013/09/29/knoc-korea-canada-idUSL4N0HP07A20130929

UPDATE 1-S.Korea's KNOC says eyeing sale of parts of Canadian unit Harvest Tue Sep 24, 2013 4:37am EDT * A few buyers showed interest in some assets of Harvest * KNOC re-evaluating overseas assets including UK-based Dana * Could sell parts of overseas assets to reinforce business By Meeyoung Cho SEOUL, Sept 24 (Reuters) - State-run Korea National Oil Corporation (KNOC) said it is considering selling 'non-core parts' of its loss-making Canadian energy subsidiary Harvest Operations and reviewing other overseas assets for potential sale of some of their parts. http://www.reuters.com/article/2013/09/24/knoc-korea-harvest-idUSL4N0HK16720130924

NYT March 21, 2012, 12:24 pm Mergers & Acquisitions Korean Oil Firm Is Part of Group Buying El Paso Assets By MICHAEL J. DE LA MERCED The consortium of firms buying the El Paso Corporation’s exploration and production businesses has grown a little larger and has drawn overseas interest.