Home › Armour Energy surges on deal to buy oil, gas assets from Origin Energy
 

Keywords :   


Armour Energy surges on deal to buy oil, gas assets from Origin Energy

2015-09-03 05:53:49| Oil & Gas - Topix.net

Takeover target Armour Energy has signed its second potentially-transformational deal in as many weeks, agreeing to pay up to $13 million for oil and gas production assets in Queensland owned by Origin Energy and sending its share price up by more than 100 per cent. If completed, the deal will give Armour cash flow within an estimated 12 months, through gas and condensates ventures on the Roma Shelf in the Surat Basin.

Tags: buy energy deal gas

Category:Energy and Environment

Latest from this category

All news
15.11 20213 105S P7905-P
15.11 ()
15.11Mizuno Energy 25.5
15.11
15.112 FIELDOOR 3.0-40.5kg
15.113022500
15.11USJ 2024
15.11 TIME XPRESSO 4
Energy and Environment »
15.11Tropical Storm Sara Graphics
15.11Tropical Storm Sara Forecast Discussion Number 8
15.11Tropical Storm Sara Wind Speed Probabilities Number 8
15.11Tropical Storm Sara Public Advisory Number 8
15.11 20213 105S P7905-P
15.11 ()
15.11Mizuno Energy 25.5
15.11
More »