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EnCore Oil provides update on acquisition by Premier Oil


Published Nov 3, 2011
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EnCore Oil

EnCore Oil and Premier Oil had reached agreement on the terms of a recommended acquisition by Premier (or one of its wholly owned subsidiaries) of the entire issued and to be issued share capital of EnCore.

As outlined in that announcement, the Acquisition is to be implemented by way of a Court-sanctioned scheme of arrangement of EnCore.

The Takeover Panel has agreed with EnCore and Premier to extend the date by which the circular to shareholders in connection with the Scheme must be posted, from Wednesday 2 November 2011 to Friday 18 November 2011.

Tags: EnCore Oil plc, Premier Oil



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