Bay Street News

Petromanas announces sale of Albanian assets to Shell, proposed special distribution and provides update on assets in France and Australia

CALGARY, Feb. 1, 2016 /CNW/ – Petromanas Energy Inc. (“Petromanas” or the “Company”) (TSXV: PMI) today announced that it has entered into a Sale and Purchase Agreement (the “Agreement”) with Shell Upstream Albania B.V. (“Shell”), a wholly-owned subsidiary of Royal Dutch Shell plc,…