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BRIEF-Armour Energy says AEP gets FIRB approval for proposed acquisition of 75% interest in Armour's oil and gas project

Published 02/12/2015, 08:12 pm
Updated 02/12/2015, 08:20 pm
© Reuters. BRIEF-Armour Energy says AEP gets FIRB approval for proposed acquisition of 75% interest in Armour's oil and gas project
AJQ
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Dec 2 (Reuters) - Armour Energy Ltd AJQ.AX :

* Update on firb approval under the farmout agreement with AEP

* AEP will also subscribe further $3.75 million for Armour shares at 20 cents per share on the closing of the farm in agreements

* The proposal relates to aep's investment of up to USD130M over a five year period in return for the 75% interest in the project

* American energy partners received firb approval for aep's proposal to acquire a 75% interest in armour's oil and gas project

* Source text for Eikon ID:nASX2rjx8J

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