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UK urged to shake up reserve forces roles

Reserve Forces Review 2030

Reserve Forces Review 2030 A vision of a greater, more integral role for the Reserve Forces within the UK’s future defence and security capability is set out in a report which follows a wide-ranging review. From: Details The Reserve Forces Review 2030 was commissioned by the Chief of the Defence Staff, General Sir Nick Carter, and conducted by a small team led by a senior serving reservist and former Minister of Armed Forces, Brigadier The Rt Hon the Lord Lancaster of Kimbolton TD PC. The report follows 10-months of research and engagement and suggests how Defence may build on earlier work under the £1.85-billion Future Reserves 2020 programme.

HMS Cambria Cardiff s new crown jewel in defence estate

HMS Cambria: Cardiff s new crown jewel in the defence estate - Case study

Acquisition of Atomic Oil & Gas LLC, 16 Dec 2020 01:00

·    Two operated oil fields in Wyoming, USA at start of their 40+ year life ·    ROI over 50% with $2.18/bbl acquisition cost vs a value of $7.52/bbl at NPV (10%)   Calgary, Canada; London, United Kingdom; December 16, 2020 - Canadian Overseas Petroleum Limited ( COPL or the Company ) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that it has agreed to acquire Atomic Oil & Gas LLC ( Atomic ) for a consideration of US$54 million consisting of assumed debt, cash and shares. This strategic acquisition would represent a step change in the capacity and revenue generating opportunities open to the Company. COPL expects to complete the acquisition by January 31, 2021, with a long stop date in the agreement of 90 days from execution. The effective date of the transaction is December 1, 2020.

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