Bell Pottinger to aid Artumas oil

David Quainton 01-May-08

Canadian oil, gas exploration and production company Artumas Group has brought in Bell Pottinger Corporate & Financial for an IR and financial brief.

 

Although Artumas is a Canadian company, it focuses on exploration in East Africa and is listed on the Oslo Stock Exchange.

Artumas wants BP Corporate and Financial to highlight its 'sustainable rate of return for its stakeholders' while it creates 'social and economic opportunities for the people of East Africa'.

It is focused on the exploration and development of hydrocarbon resources in the Rovuma Delta Basin in Tanzania and Mozambique.

Mike Davies and Ben Woodford head the account.

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