First Development Resources has sold two non-core projects in Western Australia, and will focus on its Northern Territory assets.
Tag: sale
Union Jack sets date for requisitioned meeting
Union Jack Oil plc has set the date for a requisitioned general meeting for its shareholders’ vote on the directors’ future and the company’s £6.14 million sale to Reabold Resources plc. MISGUIDED The company initially deferred the general meeting on 26 June 2026 while the offer talks continued and, following a requisition notice on 7 […]
Deltic £7.2m sale receives NSTA approval
Deltic Energy plc’s cash sale of £7.2 million to Neo Next+, and the change of control of assets, has received approval from industry regulator the North Sea Transition Authority. DATES The sale, by way of a court-sanctioned scheme, remains subject to conditions outstanding. A sanction hearing is scheduled for 13 August 2026 at the High […]
Star sells Croatia assets to focus on UK
Star Energy Group plc has agreed to sell its non-core Croatia geothermal energy business to focus on its assets in the UK. VALUE The company holds mature late life oil and gas producing fields across the East Midlands and South-East of England, shale gas licences as well as a pipeline of geothermal energy projects. Star […]
Harbour on course to sell Block A-Tuna interests
Harbour Energy plc remains on course to sell its operated interests in the producing Natuna Sea Block A field and the Tuna development, offshore Indonesia. DATE The company currently owns a 28.67% operated interest in Block A and a 50% operated interest in Tuna. The sale to Prime Group for $215 million cash has an […]
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 […]