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MOL Moleculin Biotech Inc

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Share Name Share Symbol Market Type
Moleculin Biotech Inc TG:MOL Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

MOL Raises Stake in Exploration Block in Romania to 100%

10/01/2013 5:13pm

Dow Jones News


Moleculin Biotech (TG:MOL)
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BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Thursday that it increased its stake to 100% in exploration block EX-6 in Curtici, Romania.

MAIN FACTS:

- MOL acquired the 30% participating interest of Expert Petroleum in the block.

- After receiving approval of the Romanian National Agency for Mineral Resources or ANRM, MOL's existing 70% and the acquired 30% stake in the block were transferred to Panfora Oil and Gas SRL, which is a Romanian entity owned equally by MOL and MOL Romania and dedicated to exploration and production activities of MOL Group in Romania.

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