MI Energy (01555.HK) extends final deadline for sale of 10% equity in Moray Tsing Oilfield products

Gelonghui Finance ·  06/30/2023 21:36

Gelonghui June 30MI Energy (01555.HK) announcementThe content is related to the conclusion of the agreement on the seller's interest in the Moliqing oil field product sharing contract and the extension of the final deadline. The transaction must be concluded after the seller has obtained a written document from Petrochina Company Limited Group agreeing to the sale on or before the final deadline.

Due to the need for more time to obtain the relevant written documents of Petrochina Company Limited Group, the seller and buyer signed an agreement on June 30, 2023, further extending the final deadline of the agreement from June 30, 2023 to September 30, 2023. Save as disclosed above, all other prerequisites under the Agreement have been met and all other terms and conditions of the Agreement remain unchanged.

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