Wednesday, September 3, 2014
Linc Energy
Linc Energy: received unsolicited expressions of interest for both its Umiat and Wyomingconventional oil assets in USA.
Company is now working with parties to determine whether an agreed position can be reached.
Umiat has 154.5mmboe of 2P reserves (worth US$2.5b), 194mmboe of 3P (worth US$2.8b).
Wyoming assets have total proved reserves of 828mbbls and net 3P reserves of 67mmbbls.
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