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Partager : Sale of Tulip Oil Netherlands to Kistos Plc for EUR 220 million plus EUR 163 million of contingent payments édité le 12/03/2021 - Plus de news de Tulip Oil - Voir la fiche entreprise de Tulip Oil Tulip Oil Holding B.V. announces that the Company has signed a binding share purchase agreement to sell its subsidiary Tulip Oil Netherlands B.V. (TON) to Kistos Plc. (Kistos) for a headline consideration of EUR 220 million plus up to EUR 163 million(1) of contingent payments and EUR 5million of warrants (the Transaction). The Transaction remains subject to customary conditions precedent. Kistos is a closed-ended investment company, listed on the AIM market in London, established with the objective of creating value for its investors through the acquisition and management of companies or businesses in the energy sector. ....
Tulip Oil Sheds Dutch Assets for $263mn naturalgasworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasworld.com Daily Mail and Mail on Sunday newspapers.
Netherlands/Germany: Tulip Oil announces quarterly update 18 Jan 2021 Tulip Oil has announced the latest quarterly update on its oil and gas exploration and production businesses in the Netherlands and COVID-19 The Tulip Oil Group and its business partners continue to apply measures in response to the COVID-19 outbreak. Staff continues to work intermittently in the office and from home consistent with prevailing guidelines. Q10-A development by Tulip Oil Netherlands Offshore Production was shut in entirely until October 13 to allow for scheduled maintenance of the neighboring P15 platform. Since November, production has benefitted from the successful deployment of the available compression facilities on P15. The Q10-A field produced 142 million standard cubic meters of gas during Q4, compared to 59 million standard cubic meters in Q3. The average realized gas price during Q4 was 14.9 €/MWh and the average realized gas price during Q3 was 6.1 €/M ....