I agree it is the most logical m&a for deep yellow
these 2 are no strangers they have had talks in the past the marenica offered the u upgrade. Should work well for deep yellow it's in the same region ...But deep yellow declined for its own reason ? Maybe Why pay a percentage for the use when you can own the whole lot lock stock and barrel !
there was talk it is looking at other regions but could be a smoke screen?
if deep yellow said same region big giveaway !
anyway in my opinion marenica energy looks like the most logical target by far ?
Investor Briefing with Marenica Managing Director Murray Hill - Friday 11/12/2020, page-62
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