AWE Sells Lengo for up to A$27.5 million
Friday 6 May 2016
- AWE to sell its 42.5% interest in the Bulu PSC, including the undeveloped Lengo gas project, to a subsidiary of HyOil Pte Ltd for up to A$27.5 million cash.
- Transaction structured in two tranches with an effective date of 1 April 2016.
- AWE recycling capital to deliver key growth projects, including Waitsia gas project in WA.