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Petroceltic delays listing to complete Algerian farm-out
Irish oil and gas firm Petroceltic said it would postpone its listing on the London and Irish stock exchanges until after it completes a second-farm out agreement for its Isarene permit in Algeria.
The company, currently listed on the London Stock Exchange’s Alternative Investment Market (AIM), said it was close to reaching a binding agreement with a second farm-in partner for divesting a further 18.37% interest in the permit.
The Algerian licence contains the Ain Tsila gas and condensate field.
The company, currently listed on the London Stock Exchange’s Alternative Investment Market (AIM), said it was close to reaching a binding agreement with a second farm-in partner for divesting a further 18.37% interest in the permit.
The Algerian licence contains the Ain Tsila gas and condensate field.
17/05/2013
24/05/2013
24/05/2013
24/05/2013
