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Valeura Energy Inc. (LON:VLU) will be selling its producing shallow conventional gas business to TBNG Limited and has executed a SPA (Share Purchase Agreement) for that.
The SPA is for a cash consideration of USD15.5 million, along with royalty payments of up to an additional USD 2.5 million.
The transaction would not be altering the company's Thrace Basin interest in its 20 Tcfe unrisked mean prospective sources deep, tight gas play.
* Asda to generate zero carbon emissions by 2040
The third-largest Supermarket in Britain, Asda has pledged to generate zero carbon emissions by 2040 and will also be cutting waste by 50 percent and having a net “regenerative impact on nature” by 2050. Accordingly, all loose and unwrapped fruit and vegetables will not cost more than their wrapped equivalents at any of its stores.
Open Orphan Plc’s subsidiary signs contract of COVID-19 Human Challenge Study Model with UK government
Open Orphan Plc (LON:ORPH) a global leader in the testing of vaccines and antivirals using human challenge studies, has entered into a contract with the UK Government to develop a COVID-19 (SARS-CoV-2) human challenge study model.
