Gina Krog Transaction Update
London (ots/PRNewswire) - Sequa Petroleum N.V. (the "Company") is pleased to announce an update to its planned acquisition of a 15% interest in Gina Krog. This acquisition was announced on 19 October 2015. Since then, the Gina Krog acquisition has received all necessary government approvals, and the Company's 100% subsidiary Tellus Petroleum A.S. ("Tellus") has been approved as a new Norwegian Continental Shelf's ("NCS") licence holder. Gina Krog is one of the NCS largest ...