Max Petroleum announces conclusion of formal sale process

Otmane El Rhazi from Energy-pedia regional news: Europe / Caspian / CIS.

Max Petroleum has announced that, following the General Meeting at which all the resolutions relating to the proposed £37.1 million Subscription by AGR Energy were duly passed, the review of strategic options and the formal sale process previously announced has now been concluded and, as such, the Company is no longer in an offer period.

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