Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / United Kingdom

Heritage Reportedly Rejects Takeover Bid From Mystery Abu Dhabi Bidder

March 2011 | Industry News

UK-listed independent Heritage Oil has received a takeover offer from an unnamed Abu Dhabi-based company, the Financial Times (FT) reported on March 16 2011, quoting an unnamed source.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Insight Articles
Cove Energy's East Africa Portfolio To Generate Strong Buyer Interest

Companies / United Kingdom We expect there to be strong interest in the acquisition of Cove Energy, particularly from oil majors keen to add the company's gas assets in Mozambique to their Asia-focused LNG portfolios.
January 2012
Baghdad Takes First Step To Reconciliation With Kurdish Oil Payment

Industry / Iraq The Kurdistan Regional Government (KRG) announced on May 5 2011 that it had received notification from Iraq's federal finance ministry of the first payment of oil-export revenues to foreign operators in...
May 2011
Tullow Hoping To Reclaim US$313mn In Suit Against Heritage

Industry / United Kingdom Tullow has sued Heritage over a long-running tax dispute, keeping alive its hopes that it might be able to reclaim hundreds of millions of dollars in taxes it paid on behalf of Heritage.
April 2011
Ophir On The Hunt For Investors

Companies / United Kingdom Ophir Energy is looking at a potential IPO in London that would value the company at US$2bn. We think Ophir would do better to raise capital through farming out stakes in some of its prospective acreage...
April 2011
Renaissance Reportedly Pulls Plug On Topaz IPO At Eleventh Hour

Industry / United Kingdom Many a private company seeks to take advantage of auspicious market conditions to launch an initial public offering (IPO), but getting the timing right is often tricky, even for oil firms basking in a...
March 2011
Middle East & Africa InsightMiddle East & Africa Channels Middle East & Africa Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS