Greenvale Energy (ASX:GRV) said it completed the AU$250,000 sale of its 75% stake in the exploration permit 145 to London Stock Exchange-listed Mosman Oil & Gas, according to a Wednesday filing with the Australian bourse.
The proceeds from the sale, along with the receipt of a AU$1.2 million research and development rebate, will allow the company to proceed with test programs and explorations at its projects, the filing said.