Pancontinental Oil & Gas has made changes to its board and executive line-up after completing its acquisition of private company Bombora Natural Energy.
A third party has made a play to acquire private company Bombora Natural Energy, after Zeta Petroleum backed out of its takeover plans with the target yesterday.
Two days after Magnum Gas & Power ended plans to acquire private company Bombora Natural Energy, Perth-based Zeta Petroleum has revealed its own merger plans with the target.
Plans by private company Bombora Natural Energy to join the ASX through the acquisition by Magnum Gas & Power have fallen through after the deal was terminated by mutual agreement.
Cape Lambert Resources Limited has sold its royalty on the Mayoko iron ore project for $1 million cash subject to the formality of the new owners signing off on the transaction.
NSW coal seam gas explorer Magnum Gas & Power has appointed Thomas Fontaine as non-executive chairman, following the retirement of Edward Ellyard, who has been in the role since end-2011.