LONDON, UK: TomCo Energy plc, the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, has acquired from Valkor LLC its 50% interest in Greenfield Energy LLC, the 50/50 joint venture company established by TomCo and Valkor in mid 2020, for wholly deferred equity consideration. Details of the Acquisition…
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Greenfield Energy to acquire 100% of Tar Sands Holdings II
LONDON, UK: Greenfield Energy LLC has entered into a membership interest purchase agreement with Endeavour Capital Group LLC and Tar Sands Holdings II LLC (TSHII) with respect to the potential acquisition by Greenfield of up to 100% of the ownership and membership rights and interests in TSHII. Tar Sands Holdings II LLC (TSHII) owns approximately…