Sequa Petroleum N.V. - Consortium of NAMCOR, Petrolog and Sequa Petroleum selected by Sonangol E.P. as preferred bidder for certain production and exploration blocks in Angola

Sequa Petroleum N.V. - Consortium of NAMCOR, Petrolog and Sequa Petroleum selected by Sonangol E.P. as preferred bidder for certain production and exploration blocks in Angola

13 Apr 2022 10:34 CEST

Regulatory News:

Sequa Petroleum N.V. (BOURSE:MLSEQ)

Sequa Petroleum N.V. ("Sequa") is pleased to confirm that Sonangol E.P., following their public tender for the partial sale of their participating interests in several blocks of their portfolio, has selected the consortium of NAMCOR (the National Petroleum Corporation of Namibia), Petrolog (an African multinational) and Sequa as having presented the best proposals for production Block 15/06 (10% non-operated working interest), exploration Block 23 (40% working interest, operator) and exploration Block 27 (35% non-operated working interest). There is no certainty as to whether or when agreement will be reached, and further announcements will be made as and when appropriate.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220413005411/en/

Jacob Broekhuijsen
Chief Executive Officer Sequa Petroleum N.V.
[email protected]

Source

SEQUA PETROLEUM N.V

Provider

BusinessWire