Capricorn Energy plc has been left with one potential buyer after rival bidder DNO decided against buying the Scottish firm.
Tag: acquisition offer
Capricorn drops DNO to accept new $436m Genel offer
Capricorn Energy plc has approved a raised $436 million offer from Genel Energy Ltd and withdrawn its acceptance of rival DNO’s bid.
Capricorn board approves higher DNO offer
DNO’s $396m offer exceeds Genel Energy’s bid by $36 million.
Reabold approval reaches 5.7% for Union Jack offer
Reabold Resources plc said it had received further shareholder acceptances, now reaching 5.7%, as at 26 August 2026 in support of its £6.14 million offer for Union Jack Oil plc. The total represents 8,352,272 Union Jack shares, which at the end of July had 146,565,896 shares in issue. Reabold’s offer remains open until the unconditional […]
Serica stands firm on Pharos offer after rival raises bid
Serica Energy plc has said it will not increase its £145.7 million offer for Pharos Energy plc after a rival potential buyer raised its own bid. The offer, made at the end of July 2026, would expand the UK North Sea-focused company’s footprint to Egypt and Vietnam. Pharos’ initial suitor, Israel-based Ratio Petroleum Energy LP, […]
Deltic agrees £7.2m cash sale to Neo Next+
Deltic Energy plc has agreed to a £7.2 million cash sale of its assets, notably its 25% interest in the Selene prospect, to the UK North Sea’s largest oil and gas producer, Neo Next+. QUALITY Each Deltic share will be sold at 7.7 pence in cash, which represents a premium of 156.7 % to the […]