NewsBot
18-Nov-12, 01:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Equity Swaps and Revised Arrangements with Caithness Oil Limited
Trapoil (AIM: TRAP), the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce the signing of a legally binding agreement with Caithness Oil Limited (Caithness) and its parent company. Caithness Petroleum Limited (Caithness Petroleum), to exchange equity interests and vary certain of Caithness' pre-existing farm-in obligations in respect of the Knockinnon (Licence P.1270, Block 11/24) and Forse (Licence P.1286, Block 11/23 and Licence P.1270, Block 11/24) prospects, subject to the satisfaction of certain pre-conditions. ... [Read Full Article (http://www.caithness-business.co.uk/article.php?id=3540)]
Equity Swaps and Revised Arrangements with Caithness Oil Limited
Trapoil (AIM: TRAP), the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce the signing of a legally binding agreement with Caithness Oil Limited (Caithness) and its parent company. Caithness Petroleum Limited (Caithness Petroleum), to exchange equity interests and vary certain of Caithness' pre-existing farm-in obligations in respect of the Knockinnon (Licence P.1270, Block 11/24) and Forse (Licence P.1286, Block 11/23 and Licence P.1270, Block 11/24) prospects, subject to the satisfaction of certain pre-conditions. ... [Read Full Article (http://www.caithness-business.co.uk/article.php?id=3540)]