BRIEF-WHL Energy says seychelles farm in agreement with Ophir Energy Plc

Tue, 04 Mar - 9:09am

March 4 (Reuters) - WHL Energy Ltd WHN.AX :

* Seychelles farm in agreement with Ophir Energy Plc WHN.AX

* WHL Energy to initially receive US$4 million of past costs and US$2 million

following take up of the drilling option

* Says agreement reached for Ophir Energy to farm-in to 75% of WHL energy's

seychelles project interest

* Under terms of farm-in, Ophir will fully fund acquisition of 1,500km2 of 3d

seismic, up to total amount of US$17 million

* Source : Href="Link">http://r.reuters.com/dys37v

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

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

URN: 
urn:newsml:reuters.com:20140303:nWNBS00CP7:6
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