SYDNEY, AUSTRALIA: The Directors of Armour Energy Limited (ASX: AJQ) hereby advise that Mr Bradley Lingo has resigned as CEO of the Company, effective immediately. Armour Energy Executive Chairman, Mr Nicholas Mather, commented: “The Board of Directors thank Bradley for his contribution to the Company during a challenging period.” Until a replacement is appointed, the…
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Armour Energy signs agreement to acquire CoEra Limited
LONDON: Oilex Limited has entered into a conditional binding Share Purchase Agreement (SPA) with Armour Energy Limited for the proposed sale of all of its interests in the Cooper-Eromanga Basin. Pursuant to the SPA, Armour will acquire 100% of the issued capital of CoEra Limited (CoEra), a wholly owned Company subsidiary which holds all of…
Oilex Limited to sell Cooper Eromanga Basin assets to Armour Energy
PERTH: Oilex Limited has signed a conditional binding Heads of Agreement (HOA) with Armour Energy Limited for the proposed sale of all of its interests in the Cooper-Eromanga Basin to Armour. Subject to the terms of the HOA, it is intended that Armour will acquire 100% of the issued capital of CoEra Limited (CoEra), a…