Monday, December 23

Petromaroc Corp Updates On Sidi Moktar Deal

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Reuters

morocco

* Update on the Sidi Moktar sale and purchase agreement

* Petromaroc – Completion of deal now remains subject to release of residual $1.8 million of Sidi Moktar bank guarantee restricted cash, currently in escrow

* Petromaroc – All required ministerial approvals in Morocco to disposal of its 50 percent operated interest in Sidi Moktar licences to Sound Energy Plc obtained Source text for Eikon: Further company coverage

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