Beacon Energy plc’s plan to buy a further share in the Colle Santo gas project has halted after the long stop date expired, with seller Reabold Resources plc.
Tag: long stop date
Europa extends completion date for EG-08 farm-out
Europa Oil & Gas (Holdings) has agreed a third extension to the farm-out for drilling the Barracuda prospect offshore Equatorial Guinea.
Europa extends deadline for EG-08 farm-out
Europa Oil & Gas (Holdings) plc has again extended the farm-out deadline for a 40% interest in the EG-08 production sharing contract (PSC) offshore Equatorial Guinea, following delayed Chinese approval. Associated company Antler Global Ltd signed the agreement with Fuhai (Beijing) Energy Ltd, a subsidiary of Fuhai Group New Energy Holding Co. Europa said that […]
Reabold-Union Jack set date to complete £6.14m offer
Reabold Resources plc’s acquisition of Union Jack Oil plc has had an unconditional completion date set for 25 September 2026. TIMETABLE Reabold said that both of the companies’ directors recommended that their shareholders vote in favour of the £6.14 million offer, which will be by means of a takeover. Reabold will hold its general meeting […]
Deltic defers £6.9m sale over NSTA concerns
Deltic Energy plc and its proposed buyer, Viaro Bidco, have deferred the long stop date for the £6.9 million sale until next year, after the industry regulator asked for more details to address “concerns”. DISAPPOINTED The transaction, agreed at the end of June 2025, comprises a cash offer for Deltic’s entire and to be issued […]
Scirocco secures more time to sell Ruvuma interest
Scirocco Energy plc has secured an extension to the long stop date for the sale of its 25% interest in the Ruvuma gas project in Tanzania. CONDITIONS PRECEDENT The company and purchaser ARA Petroleum Tanzania (APT) agreed to amend the date of the proposed $16 million transaction from 31 August 2023 to 30 September 2023. […]