Oilex Ltd extends acquisition of Cooper Eromanga licenses

  • Dec 16, 2019 AEDT
  • Team Kalkine

Oilex Ltd, which is currently in the process of acquiring 27 Petroleum Retention Licenses (PRLs) in the Cooper-Eromanga Basins from Senex Energy Limited (ASX: SXY) and certain of its related entities, has extended the date for the satisfaction of the conditions of the acquisition by two months to 29 February 2019.

The extension will provide further time to finalise the negotiations and receive the applicable regulatory approvals.

BY AEDT 1:40 PM, Senex Energy’s stock was trading at a price of $0.340, down by 2.857% intraday.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK