MEL 0.00% 0.4¢ metgasco ltd

Elk selling its pipeline

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    http://elkpet.com/investor-centre/asx-announcements/#2014

    ELK PETROLEUM SIGNS LETTER OF INTENT
    TO SELL THE GRIEVE OIL PIPELINE
    Elk Petroleum Limited (ASX Code: ELK) is pleased to announce that it has entered into a Letter of
    Intent (LOI) for the sale of its 100% interest in the Grieve oil pipeline in Wyoming. Finalization of the
    sale remains conditional on the parties completing due diligence and completing related transaction
    agreements. The parties are working towards finalising the transaction by early March.


    (Don't recall mention of this by MEL when outlining ELK's assets....maybe I just missed it)
 
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