Scandoil  

Gulfsands Petroleum confirm disposal of US Gulf of Mexico interests


Published Dec 10, 2014
Gulfsands Petroleum

Gulfsands Petroleum provide confirmation of the execution of a sale and purchase agreement for the disposal of the Company's US Gulf of Mexico interests and the following corporate update.

Sale of US Gulf of Mexico Interests

The sale of the Group's wholly owned subsidiary GP USA, including its own subsidiary Darcy Energy LLC, is to be treated as a Substantial Transaction for the purpose of Rule 12 of the AIM Rules and accordingly the Company provides the following information on the Transaction.

The parties to the Transaction include the Company, Gulfsands Petroleum Limited ("GPL"), the Group's wholly owned subsidiary and owner of GP USA and Hillcrest.

Tags: Gulfsands Petroleum plc




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml