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CYGAM reports changes to Italian offshore drilling moratorium


Published Aug 8, 2012
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Cygam Energy signs drilling contract for the Posta Nuova permit in Italy-Spotlight

CYGAM Energy Inc. report the following update regarding the current drilling moratorium offshore Italy.

The Italian government published Legislative Decree 83/2012 on June 26, 2012 in the Italian Official Gazette. The Decree has been ratified by both houses of the Italian Parliament on August 3, 2012 and passed into law without substantial modifications.

The Decree becomes effective once published in the Italian Official Gazette which is expected during August 2012.

Tags: Cygam Energy Inc.




   

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