MetalNRG PLC - London-based resource investing and exploration company - Says subsidiary joint-venture BritNRG Ltd signs sales and purchase pact to acquire Sunswept Enterprises Ltd. "Following completion of the acquisition and at current modest production, Sunswept is expected to be net cashflow positive at circa USD43 barrels a day which represents the current market level," MetalNRG said.
Current stock price: 0.80 pence
Year-to-date change: up 27%
By Eric Cunha; ericcunha@alliancenews.com
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