Business News • MarketWire • ASX Announcement - Skyland Petroleum Announces Exclusivity Agreement Relating to the Potential Acquisition of an Interest in Four Oil and Gas Blocks in Sakha (Yakutia)

ASX Announcement - Skyland Petroleum Announces Exclusivity Agreement Relating to the Potential Acquisition of an Interest in Four Oil and Gas Blocks in Sakha (Yakutia)

ASX Announcement - Skyland Petroleum Announces Exclusivity Agreement Relating to the Potential Acquisition of an Interest in Four Oil and Gas Blocks in Sakha (Yakutia)

SYDNEY, AUSTRALIA--(Marketwired - April 26, 2016) - Skyland Petroleum Limited (ASX: SKP) is pleased to announce today that its wholly owned subsidiary, Skyland Petroleum Group Limited (both Skyland Petroleum Limited and Skyland Petroleum Group Limited to be known here as "Skyland" or the "Company") has entered into a deed of exclusivity relating to a Heads of Agreement ("HOA") with a private oil and gas investment entity based in Moscow, Russia, concerning the potential acquisition of a majority interest in four prospective oil and gas blocks located within the Republic of Sakha (Yakutia) of East Siberia, Russian Federation (the "Assets").

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