TXO, an AIM quoted oil and gas investment company, has entered into a liquidity facility agreement with Windsor Capital Partners, under which it has issued and allotted 50m shares, equal to 4.29 per cent of the issued share capital to Windsor, in exchange for a promissory note. [21 Feb '13]
Oil firm TXO has agreed to take an initial 25 per cent equity interest in a new joint venture company, called Tasmania Oil and Gas, in partnership with Empire Energy, Alpha Prospects and Hill Street Investments. [24 Sep '12]
Amerisur Resources, an oil and gas producer and explorer, has mobilised the work rig D-6 to the Platanillo Field, Colombia. Once the unit is rigged up and tested, the Platanillo-2 well will be re-entered and worked over. The work over programme will evaluate the previously untested formation over a period of 14 days. [13 Feb '12]
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