BRIEF-Central Petroleum buys Magellan's Australian onshore assets

Wed, 19 Feb - 8:35am

Feb 19 (Reuters) - Central Petroleum Ltd CTP.AX :

* Purchases Magellan's Australian onshore assets

* Says $20 million cash component fully funded by loan facility from Macquarie Bank which is serviced by production revenue from the acquired assets

* Deal for $35 million

* Source text for Eikon News Search ID:nASX34w9w7

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URN: 
urn:newsml:reuters.com:20140218:nWNBS00BVC:6
Topics: 
OILI OILG AU OILQ CMPNY ENR ASIA BLR DEAL1 LEN RTRS MRG BACT DRIL ENEQ ENER EXPL

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