Brief: Cruzsur Energy Provides An Update On Llancanelo Asset

NG Energy International

13/02/2019 14:12

Feb 13 (Reuters) - Cruzsur Energy Corp  CZR.V :
    * CRUZSUR ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET
    * CRUZSUR ENERGY CORP - YPF WILL CANCEL OUTSTANDING
LIABILITIES OF
CRUZSUR ASSOCIATED WITH LLANCANELO BLOCK
    * CRUZSUR ENERGY CORP - AGREED WITH YPF TO RETURN ITS 39%
WORKING
INTEREST IN LLANCANELO BLOCK
    * CRUZSUR ENERGY CORP -  YPF WILL ASSUME ALL RIGHTS AND
OBLIGATIONS RELATING TO 39% PARTICIPATING INTEREST IN LLANCANELO
BLOCK
    * CRUZSUR ENERGY CORP -  YPF WILL RELEASE COMPANY FROM ANY
AND ALL
COMMITMENTS, DAMAGES OR PENALTIES RELATED WITH CANCELATION

Source text for Eikon:  ID:nCNW2fCQPa 
Further company coverage:  CZR.V 

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