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FAR receives off-market takeover bid from Remus Horizons

FAR receives off-market takeover bid from Remus Horizons
15 April 2021 (Last Updated April 15th, 2021 15:14)
Australian oil and gas company FAR has received off-market takeover offer from private investment fund Remus Horizons PCC for $159.15m (A$209.6m).
Woodside Energy is the operator of the RSSD joint venture. Credit: Julius Romero / Pixabay.
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Australian oil and gas company FAR has received off-market takeover offer from private investment fund Remus Horizons PCC for $159.15m (A$209.6m).
Remus Horizons, which a private investment fund regulated by the Guernsey Financial Services Commission, has offered $0.016 (A$0.021) per share in cash to FAR’s shareholders.
Remus’ proposed takeover is contingent on FAR’s shareholders voting against the sale of the company’s 15% stake in the $4.2bn Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore project (RSSD project) offshore Senega ....

Videsh Vankorneft , Crain Energy , Guernsey Financial Services Commission , Woodside Energy , Remus Horizons , Rufisque Offshore , Sangomar Offshore , Sangomar Deep Offshore , Woodside Petroleum , Capricorn Senegal , கிரேன் ஆற்றல் , கர்ந்ஸீ நிதி சேவைகள் தரகு , வூட்ஸைடு ஆற்றல் , ரெமுஸ் எல்லைகள் , வூட்ஸைடு பெட்ரோலியம் , மகர செனகல் ,

Oil price, Serica, Wentworth, Far. And finally…

Oil price, Serica, Wentworth, Far. And finally…
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , Mitch Flegg , Katherine Roe , Guernsey Financial Services Commission , Serica Energy , Investor Meet Company , North Eigg , Annual Report , Full Year Results , Remus Horizons , General Meeting , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , க்யாதரிந் ரோ , கர்ந்ஸீ நிதி சேவைகள் தரகு , முதலீட்டாளர் சந்திக்க நிறுவனம் , ஆண்டு அறிக்கை , முழு ஆண்டு முடிவுகள் , ரெமுஸ் எல்லைகள் , ஜநரல் சந்தித்தல் ,

FAR receives takeover offer from Remus Horizons

FAR receives takeover offer from Remus Horizons
14 Apr 2021
FAR Limited has received the accompanying letter from
Remus Horizons advising its intention to make a takeover offer for FAR shares at 2.1 cents per share.
The proposed takeover is conditional only on shareholders
rejecting the sale of FAR’s interest in the RSSD Project and the FAR Directors confirming that there is no intention to dispose of this interest prior to the closing of the takeover offer.
FAR shareholders are due to consider approving this sale at a shareholders’ meeting which has been convened for tomorrow, 15 April 2021.
The FAR Board recognises that FAR shareholders are likely to want an opportunity to consider the implications of this prior to voting on the sale resolution. ....

Remus Horizons , E Ampp News , Il And Gas Exploration , Xploration And Production , Nergy Pedia , Eological And Geophysical , Lternative Energy , Eavy Oil , Il And Gas Condensate , Icence Round , Il And Gas Ministry , Oil Companies , ரெமுஸ் எல்லைகள் , ஏ அம்ப்ப செய்தி , நான் L ,

Lukoil Withdraws Bid To Acquire Shares In Senegal's Sangomar Development

FAR Limited’s stake in Senegal’s Rufisque, Sangomar and Sangomar Deep (RSSD) project,
according to a statement by the Australian oil and gas explorer.
FAR had received a conditional, non-binding indicative proposal from PJSC Lukoil in February to acquire its shares in the Sangomar field development for 2.2c per share. That said, FAR had made clear that the proposal was not legally binding and was still subject to corporate due diligence by FAR and final approval from Lukoil’s Board of Directors.
Expected to come online by early 2023, the RSSD development comprises a floating production storage and offloading unit with 23 subsea wells and supporting subsea infrastructure, resulting in a production capacity of 100,000 barrels per day. ....

Australia Woodside Energy , Sangomar Deep , Remus Horizons , ஆஸ்திரேலியா வூட்ஸைடு ஆற்றல் , ரெமுஸ் எல்லைகள் ,

Lukoil decides against buying interest in Senegal project

Russian not to proceed with binding takeover offer for project co-owner FAR ....

Remus Horizons , ரெமுஸ் எல்லைகள் ,