BUY
by
BuyBAO
on
31 Mar 2014 07:20
Price at rating: 2.10, now:
Kea Petroleum plc (AIM: KEA), the oil and gas company focused on New Zealand, is pleased to announce that commercial negotiations between Kea and its partner regarding the proposed farm-out of PEP 51153 (including the Puka discovery) have reached agreement, with the documents giving effect to the farm-out and resultant joint venture presently undergoing final legal review. The parties anticipate execution and announcement of the farm-out within the next seven days.
Score: 100.00