Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Mosman Oil & Gas’s Trident acquisition to go ahead

17/09/2014 by

W1siziisijiwmtqvmtavmjgvmtuvmtqvmtcvnda4l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Mosman Oil & Gas has told investors that its takeover of Trident Energy is now unconditional and it now has the right to compulsory purchase the remaining shares.

With Mosman having acquired 80.06% of Trident’s shares all remaining bid conditions have now been waived, the company said.

Mosman is paying £1.6mln for Trident in a deal that will see the AIM-listed company add highly prospective assets in Australia’s Otway, Amadeus and Canning basins.

The Amadeus Basin comprises 170,000 square kilometres and is one of Australia's least explored basins; it contains two producing fields, Mereenie Oil and Gas field and the Palm Valley Gas field. 

"We have completed yet another step in achieving Mosman's objectives, and welcome the Trident shareholders to Mosman," Mosman’s executive chairman John Barr said.
Additionally, Mosman updated investors on the progress of its latest well at the Petroleum Creek project in New Zealand. Drilling began yesterday and 52 metres have been drilled towards the 200 metre planned depth for the well.

This article has been extracted from http://www.proactiveinvestors.co.uk/, please click on this link to read the article in full http://www.proactiveinvestors.co.uk/companies/news/72322/mosman-oil-gass-trident-acquisition-to-go-ahead-72322.html

Montash is a multi-award winning, global technology recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

 

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdqvmjqvmtqvmzqvmzuvnjg3l3nodxr0zxjzdg9ja182mdq2otc5nziuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

What Does A Snap Election Mean For Recruitment?

2017-04-25 08:00:00 +0100

On Tuesday 18th April, Prime Minister Theresa May called a snap general election for 8th June, taking the nation by surprise. Rather than waiting until 2020, voters will now be casting their ballots in a matter of weeks. The hope for the government is that a Tory victory give the prime minister a strong mandate in parliament as Brexit negotiations begin. This sudden decision has been embraced by many in the recruitment industry due to the anticipated st...

W1siziisijiwmtcvmdqvmtkvmtuvndivntgvnjcyl3nodxr0zxjzdg9ja18xmja3mdi1ndcuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Evolve or Die: The Importance of Being Agile

2017-04-19 18:00:00 +0100

In the high-speed world of IT, agility is essential if you want to stay on top. Over the last 20 years, Montash Managing Director Roy Dungworth has experienced many changes in the industry. But two things never change - the need for business agility and the importance of people. Roy shares his insights after two decades in the industry. The pace of the IT industry increases every year. The way people buy or consume information today is having an enormou...