17May 2017

88 Energy Limited Icewine#2 Total Depth Reached

88 Energy Limited Icewine#2 Total Depth Reached

88 Energy Limited (“88 Energy”, “the Company”, “Operator”) (ASX, AIM: 88E) is pleased to provide an update on Project Icewine, located onshore North Slope of Alaska.

14May 2017

LGO jumps 40% on new CEO & name change; Flowgroup slides after capital fundraising announcement

Energy boost: LGO Energy PLC was a strong performer on news of a relaunch, with a new chief executive appointment and a name change

By JON HOPKINS AT PROACTIVE INVESTORS

There was an oily tint to some of the biggest small cap gainers this week, with Trinidad-based oil and gas firm LGO Energy PLC (AIM:LGO) a strong performer on news of a relaunch, with a new chief executive appointment and a name change.

Neil Ritson stepped-down as LGO’s chief executive and chairman on Wednesday, to be replaced by Leo Koot who joined as the firm’s executive chairman with immediate effect.

12May 2017

Ithaca Energy Inc Compulsory Shares Acquisition

Ithaca Energy Inc. Delek Takeover – Compulsory Shares Acquisition

 12 May 2017 

Ithaca Energy Inc. (TSX: IAE; LSE: IAE) (“Ithaca” or the “Company”) announces that Delek Group Ltd. (“Delek”), through its affiliate DKL Investments Limited (the “Offeror”), has notified Ithaca that it intends to carry out a compulsory acquisition of all the remaining issued and outstanding common shares of the Company that are not currently owned by the Offeror following completion of the takeover offer (the “Compulsory Acquisition”) for a cash consideration of C$1.95 per share (the “Offer”) under the Business Corporations Act (Alberta). Under the terms of the Compulsory Acquisition, and subject to the terms of the Business Corporations Act (Alberta), the holders of all the remaining common shares not currently owned by the Offeror will be entitled to receive the same consideration per share as paid under the Offer, being C$1.95 in cash per share.

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