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Artumas à vendre?

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1 Artumas à vendre? le Sam 18 Avr - 20:26

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Ils ont engagé un conseillé pour évaluer toutes les options pour faire face aux obligations à venir...

Texte:

The Year End 2008 Financial Statements have not varied materially from the quarterly results announced on February 26, 2009. • The Company has retained Tristone Capital to advise on all farm out transactions; • Negotiations are advancing regarding a farm down of Artumas' share of the Onshore Rovuma Block Mozambique and the Offshore Area 1 Block in Mozambique; • In Tanzania the farm out of Mnazi Bay Concession and Downstream asset sales processes are progressing, with preliminary discussions being held with a number of potential counterparties. • Aggressive cost-cutting measures translate into substantially reduced G&A In addition to the release of financial information, Artumas today announced that DnB NOR Markets of Oslo has been retained to conduct a review of the company's strategic alternatives in light of its upcoming obligations

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