Brief: UK Oil & Gas Taps Envoy to Facilitate Farmout Of Up To 50% Stake Sale in Loxley Gas Project
01/05/2024 07:25
May 1 (Reuters) - UK Oil & Gas PLC UKOGa.L :
* LOXLEY GAS PROJECT UPDATE
* APPOINTED ENVOI TO FACILITATE FARMOUT OF UP TO 50% WORKING
INTEREST IN CO'S MATERIAL 100% OWNED LOXLEY GAS AND HYDROGEN
PROJECT
* SEPARATELY ACTIVE DISCUSSIONS ARE ONGOING WITH TWO UK
LISTED
ENERGY COMPANIES INTERESTED IN PURSUING FARMOUT OPPORTUNITY
((Reuters.Briefs@thomsonreuters.com;;))