(RTTNews) -  Eni SpA(E: News )of Italy will acquire stakes in two Ugandan oil fields from Heritage Oil Plc (HOIL.L: News ) for more than $1.3 billion, according to media reports.

The deal could be announced on November 23, 2009, reports specified. Under the deal, Heritage will pay a special dividend of between 90 pence and 100 pence per share to investors, reports added.

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by RTT Staff Writer

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