Premier Oil Sells 10% Stake In NW Gemsa For $12.5 Million
August 19 2009 - 8:34AM
Dow Jones News
Premier Oil Plc (PMO.LN), announced Wednesday the sale of its
10% interest in the NW Gemsa licence, onshore Egypt, to Sea Dragon
Energy (DLE.AU) for the sum of $12.5 million.
MAIN FACT:
-The sale is subject to the approval of the Egyptian
authorities.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
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