Key Petroleum (ASX:KEY) completion of terms of sale-interests in onshore Perth Basin

Key Petroleum (ASX:KEY) announced it has completed the terms of the sale of its 50% interest in L7 and 86.94% interest in EP 437 to Triangle Energy.

As final payment, Key received 31,378,015 shares in Triangle.

Following the announcement, shares of Key Petroleum (ASX:KEY) were unchanged at $0.001.