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(Reuters) - Oil and gas producer EnQuest Plc on Thursday said it signed an agreement to purchase a 26.7% equity interest in the Golden Eagle development in the UK North Sea for an initial consideration of $325 million.
The London-listed company said the agreement to purchase Suncor Energy UK Ltd s entire non-operated equity interest in the Golden Eagle area will add immediate material production and cash flow. (Reporting by Shanima A in Bengaluru; Editing by Bernard Orr)