Nido quits North Sea to focus on warmer waters

PERTH-based, Philippines-focused Nido Petroleum has completed the sale of its UK North Sea blocks, 48/1b and 48/2c, to AIM-listed EnCore Oil.

Nido quits North Sea to focus on warmer waters Nido quits North Sea to focus on warmer waters Nido quits North Sea to focus on warmer waters Nido quits North Sea to focus on warmer waters Nido quits North Sea to focus on warmer waters

Nido has received almost 8.99 million EnCore shares, representing 3.31% of EnCore’s enlarged share capital. EnCore shares are currently trading at 22.

loader

Most read News