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Matra Provides Update on Additional Payment for Arkhangelovskoe Licence

Source: www.gulfoilandgas.com 4/14/2014, Location: Asia

Further to the announcement of 3rd April 2014, Matra Petroleum plc 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.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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