Crown Energy’s partner Africa Energy closes Farmouts on Block 2B, offshore, South Africa
INSIDE INFORMATION: Crown Energy AB (publ) ("Crown Energy", the “Company") is happy to congratulate our joint venture partner Africa Energy on receiving governmental approval, and thus completing their Farmouts on Block 2B, South Africa to welcome our new partners Azinam Limited and Panoro Energy ASA. Azinam also now assumes the Operatorship of the Block“With our new partners now firmly on board, we are looking forward to the drilling of the Gazania-1 well later this year, for which Crown Energy’s 10 percent interest is carried from earlier farm-out agreement. Block 2 B already has an oil