Strike Energy is wrapping up the takeover of fellow Australian oil and gas explorer UIL Energy after receiving acceptances representing 92.01% of UIL shares on issue for its all-scrip offer. UIL’s three northern permits are believed to potentially contain an extension of the Kingia-High Cliff sands that are the main target at the West Erregulla prospect. Strike plans to drill it in the first quarter of 2019.
17/12/2018 - 13:37
Strike moves to complete takeover of UIL Energy
By Matt Birney
17/12/2018 - 13:37
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Rank Company Revenue 87th Strike Energy $5.6m 100th CuFe $4.2m 101st Rox Resources $4.0m 103rd Legacy Iron Ore $3.5m 104th Jupiter Mines $3.5m 604 listed resources wa companies ranked by revenue.
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