oil and gas explorer

WHL to pull out of UK wind farm

Perth-based oil and gas explorer WHL Energy says it will sell off its UK-based wind energy projects to focus on its Seychelles oil and gas assets, and its recently-awarded 33 per cent stake in a petroleum exploration permit off the Western Australian coast.

New chairman for Jacka Resources

Perth-based oil and gas explorer Jacka Resources has appointed a new chairman in former Hardman Resources director Scott Spencer, to replace the outgoing Brett Smith.

Strike raises $22m from sale

Perth-based oil and gas explorer Strike Energy will launch exploration programs at its Australian and US gas and condensate fields, after selling off 50 per cent of its US assets for $US21.7 million ($21.96m).

$6m placement for Transerv

Perth-based oil and gas explorer Transerv Energy has announced a "significantly oversubscribed" $6 million share placement.

Impress shareholder rejects Beach bid

A major shareholder in Impress Energy, Victoria Petroleum, says Beach Energy's $75 million on-market takeover offer undervalues the oil and gas explorer.

Cape Lambert takes stake in Monitor

Cape Lambert Resources has emerged as a major shareholder in West Perth-based oil and gas explorer Monitor Energy following its recent $2 million capital raising.

Red Sky raises $4.5m for exploration

West Perth-based oil and gas explorer Red Sky Energy has raised $4.5 million, with strong interest from institutional investors.

Promesa opens $3m IPO

Subiaco-based oil and gas explorer Promesa has opened its initial public offer in which it hopes to raise up to $3 million that will predominately be used to fund its interests in two projects in the United States.

Russell Barnett joins GB Energy

Russell Barnett, the son of Premier Colin Barnett, has joined the board of West Perth-based oil and gas explorer GB Energy.

BioPharmica expands to oil & gas

Perth-based biotechnology outfit BioPharmica plans to raise $20 million to fund an investment opportunity in oil and gas explorer Advent Energy.

GB Energy starts Protean legal action

West Perth-based oil and gas explorer GB Energy has launched legal action against wave energy developer Protean Power and two of its directors over an earn in agreement.

Blaze sweetens Target takeover bid

West Perth-based companies Advance Energy and Odin Energy, through joint venture company Blaze Asset, have extended and lifted its takeover offer for fellow oil and gas explorer Target Energy.

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Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12

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