Australian Securities Exchange
27 June 2017
ASX Market Announcements Electronic Lodgements
For immediate release
Sale of Participating Interest in Udacha (PRL 26)The Directors of Rawson Oil and Gas Limited (ASX:RAW) are pleased to announce the sale of the Company's 10% participating interest in the Udacha (PRL 26) block, Cooper Basin, South Australia to Beach Energy Limited (Beach) for a consideration of $500,000. The Sales and Purchase agreement was executed on 23rd June 2017.
Proceeds from sale of the Udacha block working interest will be invested in the company's prospective Otway Basin and Papua New Guinea exploration permits.
Allister RichardsonExecutive Chairman
Rawson Resources Limited published this content on 27 June 2017 and is solely responsible for the information contained herein.
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