Well here we go
Non-binding merger proposal from Lonestar Resources, Inc
Eureka Energy Limited (ASX: EKA, "Eureka" or the "Company") advises shareholders that it has received
a non-binding and incomplete merger proposal from an unlisted US based company, Lonestar
Resources, Inc (Proposal), whereby Eureka would be the acquiring entity. Lonestar has stated that it
believes its proposal to be an alternative to the current offer from Aurora Oil & Gas Limited (ASX: AUT).
The directors of the Company
To many big trades have being going through above AUT's offer price for nothing.
Will be interesting come Tuesday
RedMax
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