NG Energy International has reached an agreement to sell a 40% operating working interest in the Sinu-9 gas block to Maurel & Prom (M&P) for a total cash consideration of $150m (C$216.13m).

This transaction is expected to de-risk the development of Sinu-9 by partnering with a well ... Sell Current Market Cap: C$272.9M For an in-depth examination of GASX stock, go to TipRanks ...

Etablissements Maurel & Prom S.A. ("M&P", the "Group") is pleased to announce it has entered into a definitive agreement with NG Energy International Corp. ("NG Energy") to acquire a 40% operating ...