RE: Massive trades15 Mar 2021 18:35
Arthur Millholland, President and CEO, commented: "We are on track too close the Atomic acquisition on March 15. Post-closing the Company will require sufficient working capital to operate Atomic and its assets according to its forward development plan. These include, commencing on April 1st, a dramatic increase in injected gas volumes (methane and LPG) at the Atomic operated Barron Flats Unit. The institutional investors in this placing recognize the quality of the assets we will acquire under the Atomic acquisition and their value to the Company in this time of strengthening global oil prices."
That was from the RNS dated March 9th - hopefully all sorted today. Miscible flooding to start in two weeks!!