From the Quarterly Activities Report, Date 29 January 2016.
The company continues to review acquisition opportunities, both in oil and gas and other sectors.
Several acquisition opportunities reviewed in the previous quarter were ether deemed unsuitable for the company to insufficiently attractive to warrant further review. Bla bla ...
Later it says this and it's the part I like
The company has recently commenced a review of a new opportunity during the quarter, outside of the oil and gas sector for the purpose of acquisition.
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Acquisition Opportunities
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