Thursday 9 June 2016

CLNR, the natural resources investing company, is pleased to announce that it has completed the cross assignment of equity positions in two contiguous licence areas in the Southern North Sea with Simwell Resources Ltd (‘Simwell’) and Burgate E&P Ltd (‘Burgate’). The decision to combine the equity position across the two licences was taken following the identification of a large Carboniferous gas prospect which extends across the boundary of the two licences.

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