Denison sale stalled

Denison holds a 12.64% interest in the offshore Casablanca field, which averages 17,500 bbl of oil production per day. The field is Spain’s largest.

Denison announced earlier this year plans to sell its oil and gas assets in order to concentrate on mining. The company’s oil and gas assets in Canada have been sold for $44.6 million. Negotiations are also in progress to sell assets in Greece, Italy and Egypt.

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