Theinterests including 35% stakes in the 332/Shimshon Licence, the391/Daniel West Licence, and the 392/Daniel East Licence.
The deal iseffective 18 September from which Moncrief has 90 days to purchase the stakessubject to due diligence and a “mutually agreeable purchase and saleagreement”, ATP said in a filing today to the US Securities & ExchangeCommission.
The company filed for Chapter 11 bankruptcy protection on 17 August.
According