Disposal
23 Dezember 2003 - 11:41AM
UK Regulatory
RNS Number:5947T
Edinburgh Oil & Gas PLC
23 December 2003
Sale of Onshore Oil Interest
Edinburgh Oil & Gas plc announces that it has sold its 10 per cent interest in
UK onshore licence PL211 (Horndean oilfield) to a subsidiary of Northern
Petroleum plc for a cash consideration of #200,000.
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
Edinburgh Oil & Gas plc 0131 225 5454
Roland Cross, Director
Broadgate 020 7726 6111
This information is provided by RNS
The company news service from the London Stock Exchange
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