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Faroe Petroleum Plc News

Faroe Petroleum's Asset Valuation At Premium To DNO's Takeover Offer
2 Jan 2019

Faroe Petroleum's Asset Valuation At Premium To DNO's Takeover Offer

LONDON (Alliance News) - UK and Norway-focused oil and gas company Faroe Petroleum PLC on Wednesday published an independent valuation of its assets, ...

LONDON MARKET PRE-OPEN: Lower Call; Ophir Energy Gets Takeover Offer
2 Jan 2019

LONDON MARKET PRE-OPEN: Lower Call; Ophir Energy Gets Takeover Offer

LONDON (Alliance News) - Stock prices in London are seen opening lower on Wednesday as markets reopen after the New Year's Day holiday, with Asian sto...

Faroe Petroleum holds firm as DNO urges shareholders to accept offer
27 Dec 2018

Faroe Petroleum holds firm as DNO urges shareholders to accept offer

(Sharecast News) - Norwegian oil producer DNO has encouraged the shareholders of Faroe Petroleum to accept its 152p a share offer by 2nd January.

Faroe Petroleum rebuffs DNO offer again, urges shareholders to reject it
20 Dec 2018

Faroe Petroleum rebuffs DNO offer again, urges shareholders to reject it

(Sharecast News) - Faroe Petroleum once again rejected an offer from Norwegian oil producer DNO on Thursday, dismissing it as "opportunistic" and urgi...

UPDATE: Faroe Petroleum Still Thinks Hostile DNO Offer "Opportunistic"
12 Dec 2018

UPDATE: Faroe Petroleum Still Thinks Hostile DNO Offer "Opportunistic"

LONDON (Alliance News) - Faroe Petroleum PLC on Wednesday said it noted DNO ASA's offer and encouraged its shareholders to take no action.The oil & ga...

Norway's DNO confirms 152p a share takeover bid for Faroe Petroleum
12 Dec 2018

Norway's DNO confirms 152p a share takeover bid for Faroe Petroleum

(Sharecast News) - DNO has confirmed its 152p per share cash offer for Faroe Petroleum.

DNO Urges Faroe Petroleum Shareholders To Take Up "Rare" Opportunity
12 Dec 2018

DNO Urges Faroe Petroleum Shareholders To Take Up "Rare" Opportunity

LONDON (Alliance News) - DNO ASA on Wednesday said its hostile takeover offer for Faroe Petroleum PLC is a "rare opportunity" for shareholders to exit...

Faroe confirms commencement of Cassidy well
5 Dec 2018

Faroe confirms commencement of Cassidy well

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the commencement of the Cassidy exploration well 8/10-7 S in the Norwegia...