BRIEF-Baraka Energy and Resources says co commenced proceedings against Statoil and PetroFrontier

Thu, 20 Mar - 4:43pm

March 20 (Reuters) - Baraka Energy & Resources Ltd BKP.AX :

* Says commenced proceedings in the supreme court of Western Australia against Statoil and PetroFrontier

* Says confident that it will succeed in preventing forfeiture of its interest in the permits pursuant to the default notices

* Proceedings to restrain action on the default notices and contest the validity of the 2014 work program and budget

* Source text for Eikon News Search ID:nASX4mpTLD

* ((For more news, please click here BKP.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140320:nWNBS00DOJ:6
Topics: 
OILG US AU CMPNY CLJ ENR BLR ASIA LEN JUDIC RTRS GEN BACT REGS EXPL ENER AMERS

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