2009-08-19-2007-12-01-2007-12-01

Transaction Type
Sellers
Buyers
Announce Date
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Estimated Price
0MM
Description

Declined to acquire up to 40% WI additional to existing 20% in E. Wadi Araba concession.

Mogul Energy International Inc., Seattle, (OTCBB: MGUY) has declined to acquire up to an additional 40% working interest in the East Wadi Araba concession in the Egyptian Gulf of Suez from privately held Canada-based Sea Dragon Energy Inc. Mogul currently holds a 20% interest in the concession. The company reports it intends to focus on drilling its Saskatchewan assets.