KMG acquires 50% Stake in CCEL

    KazMunaiGas Exploration & Production (KMG E&P) announced on December 12th the 50% acquisition deal in CITIC Canada Energy Limited (CCEL) was finalized.     On October 3, 2007 the KMG E&P Board of Directors approved a series of transactions to acquire the 50% stake. On November 8, 2007 the sale and purchase...