RE: If you are a cash rich oil3 Aug 2020 09:18
M&A will pick up although I think BP with the money from recent disposals to PMO may be interested here.
2 Years ago Spirit Energy, backed by Centrica (CNA.L) agreed to invest almost $400 million (£310.4 million) in exchange for 50 percent of Hurricane Energy’s (HUR.L) Greater Warwick Area (GWA) North Sea oil project.
What value does that place on Lancaster, which is producing along with the holdings at Lincoln and Warwick Licence?