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Empire acquires EMG s Beetaloo portfolio Apr 26, 2021 3:14:am Summary Empire had recently acquired a majority stake in fellow Australian explorer Pangaea Group’s Beetaloo sub-basin portfolio. by: Shardul Sharma Posted in: Empire acquires EMG s Beetaloo portfolio Sydney-listed Empire Energy on April 26 said it had acquired Houston-based EMG s portfolio in the Beetaloo basin in Northern Territory. EMG will sell its 17.5% interest in EP167, EP168, EP169, EP198 and EP305 to Empire s subsidiary Imperial Oil & Gas for A$1.061mn ($0.82mn) cash, approximately 29.7mn Empire shares, and about 1.7mn options to acquire ordinary Empire shares at A$0.70/share. On completion of the deal, EMG will own approximately 5% of the ordinary share capital of Empire. ....
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US prepares formal acknowledgement of Armenian genocide 22 Apr, 2021 03:05 AM 5 minutes to read Joe Biden pledged as a candidate to recognise the Armenian genocide of 1915 to 1923, saying at the time silence is complicity . Photo / AP Joe Biden pledged as a candidate to recognise the Armenian genocide of 1915 to 1923, saying at the time silence is complicity . Photo / AP AP By: Matthew Lee and Aamer Madhani US President Joe Biden is preparing to formally acknowledge that the systematic killing and deportation of hundreds of thousands of Armenians by the Ottoman Empire in modern-day Turkey more than a century ago was genocide, according to US officials. ....