Angus works with lender on takeover
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
The oil and gas company, Angus Energy plc, is considering a potential sale as part of a strategic review of its options.
Campaign groups opposed to Third Energy’s plans to frack at Kirby Misperton in North Yorkshire said this afternoon they weren’t surprised by reports that the company was seeking funds from rival operators.