Sale of Onshore Oil Interest
23 Mai 2003 - 11:12AM
UK Regulatory
RNS Number:4803L
Edinburgh Oil & Gas PLC
23 May 2003
Sale of Onshore Oil Interest
Edinburgh Oil & Gas plc announces that it has today sold its 46.66 per cent
interest in UK onshore licence DL003 (West Firsby oilfield) to Europa Oil & Gas
Limited for a cash consideration of approximately #400,000.
Mr Alf Bissett, Managing Director of Edinburgh Oil & Gas plc said:
"The sale is in line with our policy of divestment of our non-core UK onshore
interests to focus on our UK offshore interests and key onshore properties."
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For further information please contact:
Alf Bissett, Managing Director 0131 225 5454
Edinburgh Oil & Gas plc
Roland Cross, Director 020 7726 6111
Broadgate
This information is provided by RNS
The company news service from the London Stock Exchange
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