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News Date
Iraq asks world not to deal with Kurdistan
Iraqi Prime Minister Haider al-Abadi requested foreign countries stop importing crude oil directly from the autonomous Kurdistan region and trade exclusively through the central government in...
Oct 04, 2017
Russia open to extended oil production cuts
Russia has signaled that it is open to the possibility of extending the current round of OPEC oil production cuts beyond the first quarter of 2018 but added its commitment to the current...
Oct 04, 2017
NZOG receives takeover notice from O.G. Oil & Gas
New Zealand Oil & Gas received notice from Singapore’s O.G. Oil & Gas Ltd. that it plans to make a partial takeover offer to acquire 67.55% of NZOG shares for NZD $0.77 each. The move comes...
Oct 04, 2017
Santos sells $800MM in debt in 6x oversubscribed offer
Santos Ltd. sold $800 million principal amount of 4.125% senior unsecured notes due 2027 in an offering that was 6x oversubscribed, receiving strongest support from global asset managers and...
Oct 04, 2017
New BHP Chairman vows to improve capital allocation
The new chairman of BHP Billiton vowed to bring a “fresh perspective” to the company’s operations and its efforts to deliver better returns to investors. The new chairman, Ken MacKenzie, also...
Oct 04, 2017
Doriemus now dual listed—London’s NEX & ASX
UK-based and London-listed Doriemus plc has also begun trading on the ASX via a A$3.5 million initial offering of 13,461,539 CHESS Depositary Interests (CDIs) at A$0.26 each. The new fundraising...
Oct 04, 2017
Oil Basins raising A$1.55MM through rights offering
Oil Basins Ltd. is offering on a rights basis nine new shares for every five existing shares held by shareholders of record as of Oct. 3. It is also offering 518,051,398 options on a...
Oct 04, 2017
Empire in administration after lender demands $15MM
Empire Oil & Gas has been put into administration after the company’s largest shareholder Mineral Resources demanded immediate repayment of a $15 million loan. The company, an onshore...
Oct 04, 2017
Beach Energy launches $300MM+ rights sale for Lattice buy
Beach Energy is seeking to raise more than $300 million to fund its $1.6 billion purchase of Origin Energy spinoff Lattice Energy. Beach’s largest shareholder Kerry Stokes and his Seven Group have...
Oct 04, 2017
Triangle Energy (Global) raises almost $1.5MM
ASX-traded Triangle Energy (Global) Ltd. placed 16,398,000 shares privately at A$0.09 a share to gross $1,475,820 on Sept. 18. The company said the transaction involves participation from...
Oct 04, 2017

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