Здравствуйте. Вся информация этого сайта бесплатна без рекламы. Вы можете сделать пожертвование и поддержать развитие этого сайта. Спасибо.

Hello. This site is free without ads. You can make a donation and support the development of this site. Thank you.

2014-04-30 20:48:00

AL MIRQAB AGREES TO $1.55 B

AL MIRQAB AGREES TO $1.55 B

A subsidiary of Qatari investment fund Al Mirqab Capital SPC said Wednesday it had reached an agreement to acquire oil explorer Heritage Oil PLC for around £924 million ($1.55 billion).

The £3.20 a share offer was made through Energy Investment Global Ltd., a subsidiary of the fund that is owned by Qatar's Sheikh Hamad Bin Jassim Bin Jabor Al Thani.

The offer price is a 25% premium to the closing price of Heritage's shares on Tuesday.

The acquisition of Heritage will give Al Mirqab access to producing assets onshore in Nigeria and international exploration assets. Al Mirqab will fund the acquisition with its own cash resources.

For Heritage the deal will provide funding for exploration assets including, most recently, its new licenses in Papua New Guinea.

Michael Hibberd, chairman of Heritage's board and of the independent committee of directors, said it believes the offer is attractive and would recommend it to shareholders.

Heritage's chief executive and largest shareholder Anthony Buckingham will retain a 20% stake in the company for at least five years and will serve as an adviser to Heritage for a minimum of five years, a statement from Al Mirqab said.

wsj.com

Tags: OIL, HERITAGE, AL MIRQAB

Chronicle:

AL MIRQAB AGREES TO $1.55 B
November, 24, 09:15:00

SAUDI'S OIL FOR CHINA

BLOOMBERG - As Saudi Arabia led OPEC’s output cuts this year to shrink a global glut, it’s lost out on market share in the world’s biggest energy consumer. Russia in September retained the top Chinese supplier spot for the seventh straight month, while the kingdom was third.

AL MIRQAB AGREES TO $1.55 B
November, 24, 09:10:00

URALS QUALITY WILL DOWN

PLATTS - The quality of Russia's key Urals crude exports towards Europe will continue to fall next year as more of the country's low-sulfur oil flows are diverted eastward to China, Russian national oil pipeline operator Transneft warned.

AL MIRQAB AGREES TO $1.55 B
November, 24, 09:05:00

S.KOREA'S SOLAR UP

FT - OCI — the world’s third-largest polysilicon maker by capacity and South Korea’s biggest — this month reported a 3,373 per cent increase in operating profit to Won78.7bn ($72m) for the July-September quarter, its best performance in five years. Rival Hanwha Chemical saw third-quarter net profit jump 25 per cent to a record Won252bn. 

AL MIRQAB AGREES TO $1.55 B
November, 24, 09:00:00

U.S. RIGS UP 8 TO 923

U.S. Rig Count is up 330 rigs from last year's count of 593, with oil rigs up 273, gas rigs up 58, and miscellaneous rigs down 1 to 0. Canada Rig Count is up 41 rigs from last year's count of 174, with oil rigs up 13, gas rigs up 30, and miscellaneous rigs down 2 to 2.

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00