PPP pan pacific petroleum nl
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April 18 (Reuters) - Pan Pacific Petroleum N L (PPP) to sell...

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    18/04/17
    11:05
    Post #: 24109635

    April 18 (Reuters) - Pan Pacific Petroleum N L (PPP)

    • to sell Vietnam interests to Repsol
    • Company is actively reviewing new oil and gas opportunities as well as opportunities in other sectors
    • executed an agreement to sell all shares of ppp's subsidiary, pan pacific petroleum (vietnam) pty to repsol exploracion for us$5 million.
    • "after sale PPP will be in a strong financial position with no debts and estimated cash of circa us$16 million"
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