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Emerald Oil and Gas NL Announces Receipt Of Bidder's Statement


Sunday, 13 Oct 2013 06:33pm EDT 

Emerald Oil and Gas NL announced that a Bidder’s Statement from Confederate Capital Pty Ltd has been received by the Company. Confederate is proposing to offer Emerald shareholders 1.4 cents per share for 30% of the shares held by each offeree. The board of Emerald is referring the takeover proposal to an independent adviser for an opinion on the merits of the Takeover Offer. 

Company Quote

0.019
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24 Dec 2014