WGO warrego energy limited
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News: WGO Beach Energy Expects To Commit To Binding Agreement To Buy Warrego By Nov 14

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    11/11/22
    19:20
    Post #: 64727245

    Nov 11 (Reuters) - Beach Energy Ltd (BPT) :

    • PROPOSAL TO ACQUIRE WARREGO ENERGY
    • INTENDS TO FINALISE CONFIRMATORY DUE DILIGENCE & NEGOTIATION OF BINDING IMPLEMENTATION AGREEMENT "PROMPTLY"
    • ENVISAGES IT WILL BE ABLE TO COMMIT TO BINDING AGREEMENT BEFORE MARKET OPEN ON 14 NOV
    • PROPOSED DEAL WOULD BE FUNDED THROUGH EXISTING DEBT FACILITIES AND CASH RESERVES
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