LONDON: Harbour Energy announced that it has entered into an agreement to acquire substantially all the subsidiaries of Waldorf Energy Partners Ltd and Waldorf Production Ltd, currently in administration, for $170 million. The consideration will be funded through readily available sources of liquidity. The acquisition is immediately materially accretive to Harbour’s free cash flow…
LONDON: Serica Energy plc (AIM: SQZ) is pleased to announce it has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream Limited from Prax Exploration & Production Plc. The acquisition is a corporate acquisition of Prax Upstream for a consideration of £14.5 million ($18.9 million). Completion…