United Energy PLC - Further re Disposal
10 May 1999 - 9:14PM
UK Regulatory
RNS No 9320q
UNITED ENERGY PLC
10 May 1999
Further to the announcements on Tuesday 13 April and Friday 30 April, by
United Energy plc, relating to the sale of all of the oil and gas assets owned
by AmBrit Energy Corp., its wholly owned subsidiary, to Castle Energy
Corporation of Radnor Pennsylvania, USA for a cash consideration of US$22
million, an explanatory Circular was mailed to shareholders on Friday, 7 May.
Contact:Nick Tamblyn, Chief Executive - 01242 253773
Derek Howard-Orchard, Group Technical Director - 01242 253773
END
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