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Third Energy Sell onshore Oil and Gas Business

Third Energy Holdings Limited has announced it has sold its troubled onshore gas business, which includes well sites in North Yorkshire.

In a statement, the company said it had signed a sale and purchase agreement with York Energy (UK) Holdings Ltd. which is an affiliated company of Alpha Energy, a U.S. based energy company focused on acquiring and operating oil and gas assets.

Under the deal, York Energy will acquire the entire share capital of Third Energy Onshore Limited.

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