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Serica Declares Pharos Energy Takeover Bid Final as Rival Raises Offer
Serica Energy has said it will not increase its offer for Pharos Energy after competing bidder Ratio Petroleum Energy raised its proposal, effectively drawing a line under Serica's participation in the bidding battle at its current price. The UK-listed oil and gas producer said …
Jersey Oil & Gas receives extension for Verbier licence term
Jersey Oil & Gas has secured approval from the North Sea Transition Authority (NSTA) to extend the second term of its P2170 'Verbier' licence on the UK Continental Shelf. The new expiry date of 28 February 2027 grants an additional six months on the …