IOG considering offer for Deltic Energy

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 14 September 2020 11:00

Independent Oil & Gas (IOG) has confirmed that it is considering a possible all-share offer for the entire issued and to be issued share capital of Deltic Energy.

In accordance with Rule 2.6(a) of the City Code on Takeovers and Mergers, by not later than 5:00pm on 9 October 2020, IOG must either announce a firm intention to make an offer for Deltic in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Deltic. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/14092020/iog-considering-offer-for-deltic-energy/

Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project

Monday 14 July 2025 10:00

The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.

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