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ERM Power non-executive director Tony Iannello would become Empire Oil & Gas chairman under ERM's proposed board changes.

Empire says takeover bid has taken its toll

Empire Oil & Gas says a move by its biggest shareholder ERM Power to replace Empire directors with its own representatives has compromised its relationships with contractors and caused disruption to the business.

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14/12/15
$25k Issued
14/12/15
$25k Issued
10/11/15
$75k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

49th↑Wolf Minerals$26.0m
50th↑Sundance Resources$25.2m
51st↑Empire Oil & Gas$20.0m
52nd↓Samson Oil & Gas$19.8m
53rd↑Empire Resources$19.1m
487 listed resources companies ranked by revenue.
Source: Morningstar

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