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Homeus newsDrilling for answers: An Oklahoma oil company's deal in Venezuela raises questions

Drilling for answers: An Oklahoma oil company’s deal in Venezuela raises questions

Just 17 days before the United States announced a fresh round of sanctions against Venezuela, two American drilling executives stood in the presidential palace alongside President Nicolas Maduro.

CEO Todd Swanson and general counsel Brent Mills were there to sign a memorandum of understanding between their little-known drilling company, Horizontal Well Drillers, and Venezuela's state-owned oil company, Petroleos de Venezuela S.A.

Swanson, who once served on the board of Massey Energy for Dan Loeb when he worked for Loeb's hedge fund Third Point, made a speech at the event.

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