Ophir Takes 75% Operated Interest in 2 Blocks Near Seychelles
2014-03-04 07:06:15.260 GMT
By Benjamin Dow
March 4 (Bloomberg) -- Ophir buys into WHL Energy’s blocks
PEC-5B/1, PEC-5B/2 in Indian Ocean south of Seychelles.
* Ophir to repay back costs of $4m; fund 1,500 sq. km of 3D
seismic
* If co. keeps stakes in licenses past mid-2015, will
contribute towards next exploration phase
Link to statement:{NSN N1WGSU3HHEDD <go>}
Link to Company News:{WHN AU <Equity> CN <GO>}
Link to Company News:{OPHR LN <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Benjamin Dow at +7-495-771-7735 or
bdow2@bloomberg.net
2014-03-04 07:06:15.260 GMT
By Benjamin Dow
March 4 (Bloomberg) -- Ophir buys into WHL Energy’s blocks
PEC-5B/1, PEC-5B/2 in Indian Ocean south of Seychelles.
* Ophir to repay back costs of $4m; fund 1,500 sq. km of 3D
seismic
* If co. keeps stakes in licenses past mid-2015, will
contribute towards next exploration phase
Link to statement:{NSN N1WGSU3HHEDD <go>}
Link to Company News:{WHN AU <Equity> CN <GO>}
Link to Company News:{OPHR LN <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Benjamin Dow at +7-495-771-7735 or
bdow2@bloomberg.net