We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Centrica Plc | LSE:CNA | London | Ordinary Share | GB00B033F229 | ORD 6 14/81P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.10 | -0.08% | 131.65 | 131.60 | 131.70 | 132.75 | 131.35 | 132.45 | 979,752 | 10:21:28 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric Services | 26.46B | 3.93B | 0.7326 | 151.88 | 596.75B |
TIDMCNA
Centrica agrees to sell its entire equity interests in Trinidad and Tobago gas assets to Shell
Centrica plc has agreed to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell Exploration and Production for an initial cash consideration of $30 million (GBP24 million). The assets consist of a 17.3 per cent interest in the producing NCMA-1 block and 80 per cent and 90 per cent operated interests respectively in the undeveloped blocks NCMA-4 and Block 22.
In addition to the initial consideration, Centrica will receive further payments subject to Block 22 and NCMA-4 reaching agreed project milestones.
The divestment is in line with Centrica's strategy to focus its E&P activity in the UK, Netherlands and Norway and to exit its positions in Canada and Trinidad and Tobago.
The transaction is subject to government and partner approval and is expected to close in the first half of 2017.
Ends
Enquiries
Centrica Investor Relations: +44 (0)1753 494900
Centrica Media Relations: +44 (0)1784 843000
Notes to Editors
-- Centrica entered Trinidad & Tobago in 2010 with the acquisition from
Suncor of interests in NCMA-1 and Blocks 22, 1a and 1b. It was awarded
its interest in NCMA-4 as part of a shallow water bid round in the
same year.
-- In April 2016 Centrica sold its 80 per cent operating interests in
Blocks 1a and 1b to De Novo Energy.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161130005608/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
November 30, 2016 07:00 ET (12:00 GMT)
1 Year Centrica Chart |
1 Month Centrica Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions