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| Home : PetroMaroc - Renegotiated Terms of the Sidi Moktar Sale and Purchase Agreement |
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Sep 23
2016 |
PetroMaroc - Renegotiated Terms of the Sidi Moktar Sale and Purchase Agreement |
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TORONTO, ONTARIO--(Marketwired - Sept. 23, 2016) - PetroMaroc Corporation plc (TSX VENTURE:PMA), an independent oil and gas company focused on Morocco (the "Company" or "PetroMaroc"), as announced in March 2016, entered into a binding agreement (the "Sale and Purchase Agreement") with Sound Energy plc ("Sound Energy") for the disposal, subject to conditions precedent including receipt of regulatory approval, of its 50% operated interest in the Sidi Moktar Licences (the "Acquisition"). |
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| Source:http://www.marketwired.com/mw/release.do?id=2160945&sourceType=3 |
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