AZZ 0.00% $7.50 antares energy limited

Ann: Letter re Suspension, page-131

  1. 784 Posts.
    Maybe it has closed. We are very near the end of the third quarter.
    When or if it does , I suspect we will then know if they are also the mytery buyer.
    From the Business Wire 1/9/15.

    September 01, 2015 11:28 AM Eastern Daylight Time
    HOUSTON--(BUSINESS WIRE)--Ajax Resources, LLC (“Ajax” or the “Company”) and affiliates of Kelso & Company (“Kelso”) announced that they have entered into a definitive agreement with W&T Offshore, Inc. (“W&T”; NYSE:WTI) to acquire W&T’s interest in the Yellow Rose field in the Permian Basin of West Texas for $376.1 million, subject to customary closing adjustments. W&T will retain a one to four percent sliding scale residual overriding royalty interest in the field. The transaction is expected to close during the third quarter of 2015, with an effective date of January 1, 2015.

    Cheers IFINO
 
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