AGI AGI

7.25

0.00 (0.00%)

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Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
AGI	LSE:AGI	London	Ordinary Share	IE00B0YT0Q82	ORD EUR0.01

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	7.25						0.00	00:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Maurel Et Prom Signs Purchase Options With Artumas

22/07/2009 7:40am

Dow Jones News

AGI (LSE:AGI)
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French independent oil company Etablissement Maurel Et Prom SA (MAU.FR) said Wednesday that it has signed a purchase option with Artumas (AGI.OS), in partnership with Cove Energy plc (COV.LN) as regards as some Artumas's assets in Tanzania and in Mozambique.

MAIN FACTS:

- Partnership is 70% Maurel & Prom, 30% Cove Energy

- The purchase option concerns the following participations:

- 51% participating interest in petroleum operations and 63.75% interest in exploration operations in Mnazi Bay permit in Tanzania (Artumas actual interest: 80%, operator)

- 34% participating interest in an onshore in Rovuma permit in Mozambique (Artumas actual interest: 49.3%, Anardako operator)

- 8.5% participating interest in an offshore in Mozambique (Artumas actual interest: 8.5%, Anardako operator)

Company Web site: www.maureletprom.fr

-By Paris Bureau, Dow Jones Newswires; +331-4017-1740; alice.dore@gmail.com