well done all!!19 Jun 2018 10:29
The Company is in the process of acquiring a substantial percentage of Transgas Limited as part of a Farm-In Agreement and the listing of the Company’s ordinary shares on the Standard Segment of the Official List of the London Stock Exchange; the acquisition and listing process is planned to be completed by the end of September 2018. Transgas’ subsidiary, South Western Energy Limited, holds 203,590 acres of PEDLs in North Somerset and in Dorset adjacent to Wytch Farm. Transgas Limited is wholly owned by the Williams family. Transgas’ Competent Persons Report (CPR) is in the final stages of completion. Peterhouse Capital Limited, Blake Morgan and other advisers have been appointed as part of the listing process.