Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every t
SPECIAL REPORT: The number of hostile takeover bids confronting Australian companies may be relatively low, but disruption from sources such as activist groups and shareholder class actions is a growing challenge for directors.
Local oil and gas company Antares Energy has sold its two remaining assets in the Permian Basin in Texas to an undisclosed private equity buyer, for about $US250 million ($A360 million).
Antares Energy has sold its Southern Star project to US-based Breitburn Energy Partners for a $152 million cash and share package, after spending the past 14 months attempting to offload its Permian Basin asset.
Perth oil and gas explorer Antares Energy has responded vigorously to claims by one of its major shareholders that it lacked transparency around a major deal and the disclosure of directors' interests.
Perth-based oil and gas company Antares Energy has received a fresh $US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Perth based hydrocarbon production firm Antares Energy has announced it intends to place 9.75 million convertible notes at an issue price of $2.00 per note to raise $19.5 million.
The sale of 16 private businesses worth an estimated $500 million helped to sustain activity in what was otherwise a depressed market for mergers and acquisitions in the September quarter in Western Australia.
Antares Energy has raised just under $6 million to fund drilling activities at its Northern Star and Southern Star oil and gas prospects in West Texas.
West Perth-based Antares Energy has pocketed $10 million and plans to raise a further $2 million to buy additional Eagle Ford shale acreage in Texas and boost working capital.
West Perth-based Antares Energy Ltd's planned acquisition of a 55 per cent stake in the Group A acreage of its Kenedy Ranch properties will not proceed after the project vendor terminated its offer.
West Perth-based hydrocarbon exploration company Antares Energy Ltd has boosted its stake in the Kenedy Ranch project from five per cent to 60 per cent the company has announced.
West Perth-based hydrocarbon exploration company Antares Energy Ltd will raise $5 million through a convertible notes issue to fund the appraisal and development of new discoveries.
OIL and gas production and exploration company Antares Energy has made an in-principle farm-in agreement to participate in the drilling of a deep gas prospect in Texas, in the US, to earn a 25 per cen
PERTH-based oil and gas company Antares Energy has announced first commercial sales from its third gas well in the Ellis County region of Oklahoma, in the US.