Brief: Orcadian Energy Signs Deal With Rapid To Dispose Interests In Crinan, Dandy Discoveries

Orcadian Energy

11/01/2023 07:10

Jan 11 (Reuters) - Orcadian Energy PLC  ORCAO.L :
    * ENTERED INTO  NON-BINDING HOA WITH RAPID OIL PRODUCTION
TODISPOSE OF ITS INTERESTS IN CO'S NON-CORE CRINAN AND DANDY
DISCOVERIES
    * IF THIS PROGRESSES TO COMPLETION, ORCADIAN WOULD RECEIVE A
CASH
CONSIDERATION OF US$500,000

Source text for Eikon:  ID:nRSK2960Ma 
Further company coverage:  ORCAO.L