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Afentra plc is today issuing its annual results for the year ended 31 December 2020. OVERVIEW Afentra plc ( Afentra or the Company ), together with its subsidiary undertakings (the Group ), is an upstream oil and gas Company listed on the AIM market of the London Stock Exchange. The Company has a refreshed strategy built around achieving scale through the acquisition of both operated production assets and discovered resources resulting from the accelerating energy transition in Africa, where the Company and its new management has extensive operational experience. The Company currently has the high potential onshore Odewayne exploration block that is operated by Genel Energy, where its 34% interest is fully carried.
Sterling Energy has announced that Paul McDade and Ian Cloke have joined the board as executive directors of the company with immediate effect.
Sterling Energy plc has announced that Paul McDade and Ian Cloke have joined the board as executive directors of the company with immediate effect.
McDade has joined as the company’s chief executive officer and Cloke has joined as the company’s chief operating officer. The company’s existing chief executive officer, Tony Hawkins, has stepped down from the board and will depart the business after a “suitable transition period”, Sterling Energy revealed.
The existing directors of the company - Michael Kroupeev, Ilya Belyaev, and Leo Koot - will ensure there is a suitable transition to a new board of directors, Sterling noted.
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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.
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