In what looks to be an astute move, Calima Energy is set to race from 20% to outright ownership of its coveted Montney shale liquid/gas project in Canada through friendly, all-scrip takeover bids for its joint venture partners. The Perth-based junior has secured board recommendations and pre-bid acceptances from several major shareholders in a deal that will bulk up its profile in the revered oil and gas basin
02/05/2018 - 06:43
Calima launches friendly takeover of oil and gas partners
By Matt Birney
02/05/2018 - 06:43
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Rank Company Revenue 37th Tribune Resources $92.3m 38th Calima Energy $85.8m 40th BCI Minerals $80.2m 41st Leo Lithium $77.7m 605 listed resources wa companies ranked by revenue.
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