ADX Energy Buys Back Further 10% Stake In Lambouka Prospect

Published on Monday, 19 Sep 07:00 am

ADX Energy announced on 9 September the execution of a sales and purchase agreement (SPA) to buy back a 10% interest in the Lambouka prospect area, in the Kerkouane permit offshore Tunisia, from fellow Australian company PharmAust Ltd, cancelling with it the option for PharmAust to purchase an interest in that part of the prospect extending into Italian waters.
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