Atlantic Petroleum (APN) has completed the sale of its Norwegian activities to M Vest Energy.
The Norwegian activities include all of Atlantic Petroleum Norway’s assets and licenses, the liabilities of the licenses, and employees.
Ben Arabo said: “We are pleased to complete the transaction with M Vest Energy. Atlantic Petroleum will now focus on creating value from Orlando and Kells in the UK, and pursue new ventures in line with the company's new strategy.”
M Vest Energy AS is a company partially owned by the existing management of APN.
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