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Matra Petroleum PLC - Update on Additional Payment

RNS Number : 7305E
Matra Petroleum PLC
14 April 2014
 

Matra Petroleum Plc

Update on Additional Payment for the Arkhangelovskoe Licence

Further to the announcement of 3rd April 2014, Matra Petroleum plc (the "Company") is pleased to announce that it has received the additional payment of US$10,000,000 from the acquirer of the Arkhangelovskoe Licence.

 

The Company is therefore no longer applying to the guarantor, JSC joint stock commercial bank "Jugra" of Megion City, for the payment.

 

Enquiries:

Matra Petroleum plc c/o Bell Pottinger

Henry Lerwill                                                                     020 7861 3169

Canaccord Genuity Limited

Henry Fitzgerald-O'Connor                                         0207 523 8000

Neil Elliot


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Matra Petroleum

Price: -

Market: AIM
Market Cap: -
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