Hawkley Oil and Gas (ASX:HOG) is set to outline the finalisation of a material asset disposal, with the ASX granting the company a trading halt.
HOG's shares are currently in pre-open.
Included in the company's portfolio are assets in the Ukraine, and in the June 2014 quarterly the company outlined that it continued to make considerable progress on farm-out negotiations.
The halt will remain in place until the opening of trade on Wednesday 15th October 2014, or earlier if an announcement is made to the market.
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