LNG Energy and Enterprise Energy are pleased to announce the completion of the acquisition of Enterprise by LNG. The Acquisition increases LNG's net working interest in PPL 319 in Papua New Guinea to 16.85% and in PPLs 320, 321 and 322 to 84.25%. Under the terms of the Acquisition, LNG issued 238,633,975 common shares in exchange for all of the [...]
Enterprise Energy is pleased to announce that the acquisition of Enterprise by LNG Energy was approved at Enterprise's annual general and special meeting of shareholders today. The acquisition of Enterprise by LNG through a court-approved plan of arrangement under the Business Corporations Act, British Columbia, was announced on June 25, 2013 [...]
Enterprise Energy is pleased to announce that it has entered into a definitive agreement with LNG Energy whereby LNG will acquire, through a court-approved plan of arrangement under the Business Corporations Act, all of the outstanding common shares of Enterprise for total consideration of approximately C$4.7 million (based on LNG's closing price [...]
Enterprise Energy is pleased to announce that Telemu No. 18 Ltd., a Papua New Guinea based subsidiary of LNG Energy, has closed its farm-in agreement with wholly owned subsidiaries of Heritage Oil. In exchange for an 80% participating interest in the PPL 319 and PRL 13 licenses, Heritage has made a cash payment to Telemu of US$4 million plus the [...]
Enterprise Energy is pleased to announce that Telemu No. 18, a Papua New Guinea based subsidiary of LNG Energy has entered into a farm-in agreement with wholly owned subsidiaries of Heritage Oil and LNG. Upon closing of the farm-in agreement Heritage will acquire an 80% interest in the PPL 319 and PRL 13 licenses. The PPL 319 license is held by [...]
Enterprise Energy is pleased to announce that in conjunction with an arm's length third party, the Company has acquired a 31.5% interest in Telemu No. 18 Ltd. , a Papua New Guinea based subsidiary of LNG Energy for aggregate consideration of $4,000,000.
Enterprise Energy is pleased to announce that its wholly owned US subsidiary, Evolution Oil Group has completed the acquisition, from an arm's length third party, of approximately 46,695 net acres of oil and gas leases (the "Leases") in Cascade County, Montana. Evolution holds a 100% working interest in the Leases, the majority of which have a [...]
+287,50 %
-44,44 %