Columbus Energy Resources (CERP LN) has announced an interim extension to the term of the Goudron Incremental Production Service Contract (IPSC) to 31 March 2020. The extension will allow for CERP and the state-owned Heritage Petroleum (Heritage) to negotiate a longer-term extension. The original term of the Goudron IPSC was due to expire in November 2019, however this extension will allow for discussions to conclude between CERP and Heritage to ensure that the long-term agreement works for b
19 Nov 2019
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Columbus Energy Resources (CERP:LON) | 0 0 0.0%
- Published:
19 Nov 2019 -
Author:
Oliver O’Donnell -
Pages:
3
Columbus Energy Resources (CERP LN) has announced an interim extension to the term of the Goudron Incremental Production Service Contract (IPSC) to 31 March 2020. The extension will allow for CERP and the state-owned Heritage Petroleum (Heritage) to negotiate a longer-term extension. The original term of the Goudron IPSC was due to expire in November 2019, however this extension will allow for discussions to conclude between CERP and Heritage to ensure that the long-term agreement works for b