Brief: Axp Energy Ltd And Mountain V Oil & Gas Sign Binding Letter Agreement

AXP Energy

29/09/2023 02:37

Sept 29 (Reuters) - AXP Energy Ltd  JUE0.BE :
    * AXP ENERGY LIMITED AND MOUNTAIN V OIL & GAS SIGNED A
BINDING
LETTER AGREEMENT
    * WILL RECEIVE US$4 MILLION FOR DISPOSAL ASSETS SUBJECT TO
CLOSING
ADJUSTMENTS
    * AGREEMENT FOR MOUNTAIN V TO ACQUIRE 100% OF AXP'S OIL AND
GAS
ASSETS LOCATED IN TENNESSEE AND ILLINOIS BASIN

Source text for Eikon:  ID:nASX3lfnjH 
Further company coverage:  JUE0.BE 

 ((Reuters.Briefs@thomsonreuters.com;))