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LNGL is selling its Magolia offshore LNG project to UK-based Global Energy Megatrend. Photo: LNGL (LinkedIn)

LNGL sells Magnolia assets for $3.5m

Perth-founded Liquefied Natural Gas Ltd is selling its Magnolia offshore LNG asset to a privately held UK company for $US2.25 million ($3.5 million), with the sale also including entities behind the project.

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Top 10 Shareholders

Substantial shareholders as published in the annual report.
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Total Shareholder Return as at 30/04/20

1 year TSR5 year TSR
227thOreCorp20%41%
462ndKey Petroleum-20%-17%
504thFe-27%4%
779thGreat Northern Minerals-70%-44%
835thLiquefied Natural Gas-90%-61%
674 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Share Transactions

22/11/19
$0 Other
22/11/19
$0 Bought
22/11/19
$0 Other
Total value as at the date of the transaction
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Revenue

114th↑Liquefied Natural Gas$1.0m
147th↑Great Northern Minerals$484k
148th↑OreCorp$474k
150th↑Fe$453k
151st↑Key Petroleum$452k
477 listed resources companies ranked by revenue.
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