When the takeover of Bandanna is completed, my question is what will happen with the oil and gas interests and is the market placing any value on these assets for the future or will they decide to sell them off and focus 100% on coal.
Spinel 3D seismic survey Joint Venture block.
PEL-106 (Smegsy), Cooper Basin, SA (25%) PEL-106 (Rossco), Cooper Basin, SA (12.5%) PEL-106 (Paprika), Cooper Basin, SA (12.5%) PEL-91/106 (Udacha), Cooper Basin, SA (12.5%)
PEL-100, Cooper Basin, SA (5%)
If the Proposed Transaction proceeds Enterprise's existing conventional oil and gas interests will be monitored, and actions in relation to further investment in, or realisation of, these interests will be taken after consideration of the impact of these actions on Enterprise as a whole. (7th May ASX announcement)
This seems to be the only information on it unless anyone else knows something please feel free to share.
EPE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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