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Update on Farm-in Agreement

22nd Aug 2012 11:30

RNS Number : 5551K
Mercom Oil Sands Plc
22 August 2012
 



Mercom Oil Sands Plc (AIM: MMO)

("Mercom" or "the Company")

Update on Farm-in Agreement with Nordic Petroleum

 

Further to the announcement made on 2 August 2012, the Company has negotiated an extension to 31 October 2012 with Nordic Petroleum for the completion of the farm-in agreement in relation to four oil sand leases over the Chard field in Alberta, Canada.

 

- ENDS -

Enquiries:

Libertas Capital Corporate Finance Limited

Tim Cofman

+44 (0) 20 7569 9650

Cardew Group

Tim Robertson/Alexandra Stoneham

+44 (0) 20 7930 0777

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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