Coro announces the agreed disposal of its Italian assets* to Zenith Energy for GBP 3.9 MM, the company looking to focus on its SEA holdings (Duyung, Bulu PSCs, Indonesia, block 2A, Malaysia). Completion of the deal is subject to usual approvals. https://www.coroenergyplc.com/.   * Bezzecca, Sant'Alberto, Sillaro, Rapagnano, Santa Maria Goretti + Laura blocks.
Zenith Energy has agreed to acquire the entire Italian portfolio of Coro Energy. Concerning are 4 gas-producing concessions - Sillaro, Rapagnano, Casa Tiberi and Bezzecca - as well as the S. Alberto tract that is ready for development and 2 exploration concessions, Laura and Santa Maria Goretti.