Source Pravda.Ru

Kerr-McGee Completes KM Indonesia Asset Sale

Kerr-McGee Corp. has sold the outstanding capital stock of KM Indonesia, Ltd. to Petronas Carigali Overseas Sdn Bhd, a subsidiary of Petroliam Nasional Bhd for $170 million. The proceeds will be used to reduce debt. The sale includes the company's 30% non-operating interest in the Jabung block.

"This transaction is part of our long-term strategic plan to rationalize non-core assets and focus on growth in our core areas," said Luke R. Corbett, Kerr-McGee chairman and chief executive officer. "We will continue to review our asset portfolio to maximize shareholder value."

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&to=http://www.kerr-mcgee.com/' target=_blank>Kerr-McGree

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.

The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
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