PYM pryme energy limited

Not many on HC on here:As a reminder:Pryme steps up activities...

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    Not many on HC on here:

    As a reminder:

    Pryme steps up activities in US
    13:11, Tuesday, 27 June 2006

    Sydney - Tuesday - June 27: (RWE Australian Business News) -
    Pryme Oil and Gas Limited (PYM), a fast-growing Australian oil and
    natural gas producer and explorer operating in the US, has increased its
    working interest in its south central Louisiana 3-D Seismic Project by
    12%, taking its total ownership interest to a majority working interest
    of 52%.
    The additional stake was purchased from Anglo Energy Co of
    Miami.
    The consideration paid was 1,180,363 fully paid shares in Pryme.
    The Project consists of an onshore trend area in south central
    Louisiana that is highly prospective for oil and gas at several
    intervals between 2,000ft and 15,000ft.
    This seismic project is planned to cover territory of up to 90
    square miles within an area of mutual interest of some 200 square miles.
 
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