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
04.11WM Receives Approval from Canada for Stericycle Acquisition
04.11Western Australian State Government Awards Grant to Livium for EV Battery Recycling Plant
04.11ABCRC Selects Diversys to Digitize Albertas Beverage Container Recovery and Recycling Program
04.11Pennsylvania American Water Acquires Sadsbury Township Wastewater Collection System
04.11Santa Barbara County Co-Locates Dirty MRF, Anaerobic Digester, and Compost
04.11Waste World Episode 4: Using Social Media to Educate Audiences About Waste and Recycling
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
01.11Gimme Seaweed Partners with rePurpose Global to Combat Plastic Pollution
Energy and Environment »
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
More »