Gulf Oil and Gas accountACCOUNT

Mart Resources Denies Sale of Midwestern

Source: www.gulfoilandgas.com 10/9/2015, Location: Africa

Mart Resources, Inc announces that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding a sale of the company to Midwestern Oil & Gas Company Limited (“Midwestern”) or any other party. The press report has been removed from the Nigerian news agency’s website as it is completely without merit and should be totally disregarded.

As previously announced, Mart continues to examine and consider strategic alternatives available to the Company to maximize shareholder value and confirms that Mart is not currently in discussions with Midwestern regarding a potential sale. Any future strategic alternatives transaction will be subject to applicable regulatory, stock exchange and Mart shareholder approval.

For more information about related Opportunities and Key Players visit West Africa Projects

Mergers and Acquisitions News in Nigeria >>

Chile >>  6/24/2020 - Sempra Energy has completed the sale of its Chilean businesses, generating approximately $2.23 billion in total cash proceeds, subject to post-closing...
Canada >>  6/23/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. ...

Australia >>  6/18/2020 - 88 Energy Limited has declared its recommended off-market takeover offers (“Offers”) for all of the ordinary shares and listed options in XCD Energy L...
Norway >>  6/17/2020 - Reference is made to the announcement made on 16 June 2020 regarding the demerger of Møgster Mohn Offshore AS ("MMO"). The general meeting of MMO has ...

United Kingdom >>  6/16/2020 - Fulkrum Technical Resources (FTR), a global provider of technical personnel specialising in QA/QC, inspection and vendor surveillance services to the ...
Bahamas >>  6/11/2020 - Columbus, the oil and gas producer and explorer focused on onshore Trinidad and Suriname, is pleased to announce that it has reached agreement on the ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Nigeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.