OPERATIONS

Australian smallcap to develop North Sea assets

ASX-listed Ansila Energy has struck a deal to merge with Hartshead Resources, giving it the rights to five blocks in the UK North Sea with more than 354 billion cubic feet of gas.

paul hunt

Australian smallcap to develop North Sea assets

Ansila already owned just over 20% of Hartshead but will acquire the remaining 78.4% of the company to take control of its five assets in the North Sea via an all-scrip agreement. Under the agreement,...

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