Brief: Orcadian Energy Sells 50% Interest In Earlham And Orwell To MLCP
Dec 12 (Reuters) - Orcadian Energy PLC ORCAO.L :
* ORCADIAN ENERGY PLC - FARM-OUT OF EARLHAM AND ORWELL
* ORCADIAN ENERGY PLC - AGREEMENT OF COMMERCIAL TERMS FOR
SALE OF
50% INTEREST IN EARLHAM AND ORWELL TO MLCP
* ORCADIAN ENERGY PLC - PURCHASE PRICE OF 50% OF LICENCE
P2680
AGREED AT $2.2M
Source text: ID:nRSL7700Pa
Further company coverage: ORCAO.L
((Reuters.Briefs@thomsonreuters.com;))