Brief: PentaNova Energy Provides An Update On Llancanelo Asset

NG Energy International

03/07/2018 14:23

July 3 (Reuters) - PentaNova Energy Corp  PNO.V :
    * PENTANOVA ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET
    * PENTANOVA ENERGY -  IN RELATION TO FARM-IN AGREEMENT,
ALIANZA
NOT BEEN ABLE TO SATISFY CERTAIN CONDITIONS PRECEDENT, BEFORE
LONGSTOP DATE OF JUNE 22
    * PENTANOVA ENERGY CORP -  CURRENTLY HOLDING DISCUSSIONS
WITH YPF
IN ORDER TO FIND A SOLUTION TO RETAIN 39% WORKING INTEREST IN
LLANCANCELO JV
    * PENTANOVA ENERGY CORP - HAS BEEN ATTEMPTING TO NEGOTIATE A
PAYMENT PLAN FOR CASH CALL BALANCES WITH YPF WITHOUT SUCCESS TO
DATE

Source text for Eikon:  ID:nCNWpfV2ta 
Further company coverage:  PNO.V 

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