Shareholders on London’s Alternative Investments Market areto vote on the changes at Matra Petroleum’s annual general meeting on 23 April.
The board said that de-listing would not alter MatraPetroleum’s strategy to “the acquisition of mature oil & gas assets inproven hydrocarbon provinces”.
Last October, the explorer agreed a staged investment in USonshore that would ultimately give it stakes in up to 50 shallow conventionaloil leases in the Texas Panhandle for $28.2
