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News: RRS Range Resources Sells Range Resources Trinidad To Landocean

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    30/11/19
    02:00
    Post #: 41722360

    Nov 29 (Reuters) - LandOcean Energy Services Co Ltd 300157.SZ :

    • COMPANY UPDATE
    • LANDOCEAN HAS PROVIDED FIRST TRANCHE OF CASH CONSIDERATION OF US$0.5 MILLION TO CO
    • CONFIRMS CO RECEIVED REQUIRED APPROVALS FROM SHAREHOLDERS AT AGM FOR SALE OF RANGE RESOURCES TRINIDAD LIMITED TO LANDOCEAN
    • SALE OF RANGE RESOURCES TRINIDAD TO LANDOCEAN A CASH CONSIDERATION OF US$2.5 MILLION
    • CONSIDERATION FOR RANGE RESOURCES TRINIDAD DEAL ALSO INCLUDES OFFSETTING DEBT & PAYABLES DUE FROM CO, UNITS TO LANDOCEAN & ITS UNITS
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