10:03 AM EST - Addax Petroleum Corp. : said it acquired a 50% interest in the Gryphon Marin license area subject to final approval from Government of Gabon. Addax Petroleum will become operator of the Gryphon Marin license area, which is immediately west of its Iris Marin and Ibekelia license areas and immediately north of the Corporation's Etame Marin license, offshore Gabon. Addax Petroleum Corp.
shares T.AXC are trading off $1.57 at $39.00.
