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CRWN - Crown Energy AB News Story

SEK1.02 0.0  2.0%

Last Trade - 29/09/20

Sector
Energy
Size
Micro Cap
Market Cap £41.2m
Enterprise Value £39.6m
Revenue £3.50m
Position in Universe 1042nd / 1785

BRIEF-Crown Energy: Farm-out deal on Block 2B with Africa Energy

Thu 17th December, 2015 7:03am
Dec 17 (Reuters) - Crown Energy AB  CRWEN.NGM : 
    * Announces farm-out deal on block 2B signed with Africa Energy Corp.  AFE.V , a Lundin 
group company 
    * Africa Energy farms in to the company's participating interest in Block 2B in the Orange 
Basin on the west-coast of South Africa 
    * Will retain a 10 percent interest, with costs of drilling and, if applicable, testing of 
next exploration well funded by Africa Energy 
 
 
Source text for Eikon:  ID:nNGn422pK4  
     
Further company coverage:  CRWEN.NGM  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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