Our daily board moves wrap includes Timothy Cotton, Louis Calvarin, Kevin Dundo, Winnie Lai Hadad, Victor Rajasooriar, Govert van Ek, Peter McMorrow, and Matthew Blake.
Tap Oil has urged shareholders to reject a $29.8 million takeover bid from major shareholder Risco Energy Investments, after independent expert BDO valued the company well above the offer price.
The Gina Rinehart-backed Sun Resources has purchased a stake in oil and gas leases in the prospective Eagle Ford and Austin Chalk shale formations in the American state of Texas.