Scandoil  

Northcote Energy initiates asset sales process


Published Feb 18, 2016
Northcote Energy

Northcote Energy says that over recent months, the Company has been in discussions with various parties who have expressed interest in acquiring its Oklahoma Portfolio.

Due to the current oil price market, the challenging financing backdrop for E&P companies, and the presence of many distressed assets owned by large public shale companies, the Board recognises that achieving an outright sale at reasonable values is challenging.

Tags: Northcote Energy




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml