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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  African Petroleum Corp Ltd    APCL   AU000000AOQ0

AFRICAN PETROLEUM CORP LTD

(APCL)
Delayed Quote. Delayed Oslo Bors - 08/22 10:25:07 am
1 NOK   +1.11%
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African Petroleum : Petronor E&P Transaction Update

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05/30/2019 | 03:29am EDT

30 May 2019

African Petroleum Corporation Limited ("African Petroleum" or the "Company")

Petronor E&P Transaction Update

Reference is made to the extended stock exchange announcement released on 19 March 2019 by African Petroleum (OSE ticker: "APCL") regarding the agreement to combine with PetroNor E&P Ltd for an all share consideration of c. 816 million shares in African Petroleum (the "Transaction").

Subject to fulfilment of the conditions for completion of the Transaction, as further set out in the extended stock exchange announcement, completion of the Transaction is now targeted to occur by the end of June 2019.

******

For further information, please contact:

Jens Pace, Chief Executive Officer

Stephen West, Chief Financial Officer

Tel: +44 20 3655 7810

Media Contacts:

Buchanan

Ben Romney/Chris Judd

Tel: +44 207 466 5000

About African Petroleum

African Petroleum is an independent oil and gas exploration company with licence interests in offshore West Africa (Senegal and The Gambia). The Company's assets are located in proven hydrocarbon basins in the Atlantic Margin, where several discoveries have been made in recent years.

For more information about African Petroleum, please see www.africanpetroleum.com.au

Disclaimer

African Petroleum Corporation Limited published this content on 30 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 May 2019 07:28:03 UTC

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Managers
NameTitle
Jens Pace Chief Executive & Operating Officer, Director
David William King Non-Executive Chairman
Stephen P. West Chief Financial Officer & Executive Director
Timothy Paul Turner Non-Executive Director
Anders Bjarne Moe Independent Non-Executive Director
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