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Fieldfisher advises Hartshead Resources on its acquisition by Ansila Energy

European law firm Fieldfisher has acted for privately-held Hartshead Resources Limited (HRL) on its acquisition by ASX-listed Ansila Energy NL (ANA), which has purchased the outstanding 78.4% of HRL not already owned by ANA.

The transaction was approved at ANA s 2020 Annual General meeting on Friday 29 January 2021 and completion of the deal was announced on the ASX today (3 February 2021), when trading in the company’s shares on the ASX will recommence.

ANA acquired its initial stake in Hartshead in July 2019, under its previous name of Pura Vida Energy. As a consequence of this latest transaction, Hartshead is now a wholly-owned subsidiary of ANA, which becomes a new UK North Sea gas development company. ....

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Investegate |Tower Resources PLC Announcements | Tower Resources PLC: Issue of Director Warrants

A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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South Africa update, 16 Dec 2020 01:00 | Shares Magazine

Tower Resources plc (TRP.L, TRP LN), the AIM listed oil and gas company with its focus on Africa, is pleased to announce that its subsidiary Rift Petroleum Ltd ( Rift ), together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd ( New Age ), has now formally agreed to enter the Second Exploration Period of the Algoa-Gamtoos license offshore South Africa. The Company also notes the recent announcements from Total S.A. ( Total ) and Africa Energy Ltd ( Africa Energy ) regarding the results of the Luiperd-1X well, which has reported a further significant gas condensate discovery in Block 11B/12B (Total 45% and Operator, Qatar Petroleum 25%, CNR International 20% and Main Street 1549 Proprietary Ltd 10%) located in the Outeniqua basin, offshore South Africa. ....

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UK: Ansila Energy creates new UK North Sea gas company with the acquisition of Hartshead Resources

UK: Ansila Energy creates new UK North Sea gas company with the acquisition of Hartshead Resources
14 Dec 2020
Agreement reached to acquire the remaining 78.4% interest in
Hartshead Resources that Ansila Energy does not already own in an all share deal aiming to create a new UK North Sea gas developer. Following completion of the deal HRL will become the Company s wholly-owned subsdiary.
UK 32nd Offshore Licensing Round award will see HRL awarded five contigous blocks in the Southern North Sea (HRL License) with four existing discoveries totalling 354 Bcf of 2C Contingent Resources.
Recently completed CPR by Oilfield Production Consultants Ltd for Phase I development field of 217 Bcf of 2C Contingent Resources. ....

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