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and

Waldorf Production, a prolific buyer of oil and gas exploration assets in the North Sea, is seeking to raise as much as $2 billion to help bankroll more deals, people with knowledge of the matter said. 
The British company is working with advisers to set up a vehicle that will raise capital from outside investors and make acquisitions, the people said, asking not to be identified because the information is private. It has has approached a number of hedge funds and specialist energy investors to gauge their interest in participating, the people said. 

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