02/05/2018 - 06:43

Calima launches friendly takeover of oil and gas partners

02/05/2018 - 06:43

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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

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