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Ansila Energy completes the acquisition of Hartshead Resources
03 Feb 2021
Ansila Energy (ANA) has announced that, following shareholder approval at its 2020 Annual General meeting (AGM) held on Friday 29 January 2021, it has successfully completed its transaction with the vendors of Hartshead Resources (Hartshead or HRL) to acquire the remaining 78.4% interest in Hartshead that it did not already own. As a result of the transaction Hartshead is now a wholly-owned subsidary of ANA, which is transformed into a new UK North Sea gas development company.
The Company has issued a total of 1,000,000,000 new Ordinary shares to the vendors of Hartshead which are subject to voluntary and ASX escrow for 12 months as consideration for the transaction.
EnQuest PLC ( EnQuest ) is pleased to announce its intention to appoint Liv Monica Stubholt as a Non-Executive Director of the EnQuest Board with effect from 15 February 2021. On joining the Board, Liv Monica will become a member of the Audit Committee and the Safety,Climate and Risk Committee.
Liv Monica is a highly respected professional in the Norwegian energy industry and legal community, she also works with academic communities within her fields and is currently a council member of the Department for Petroleum and Energy Law at the Faculty of Law in Oslo. Martin Houston, Chairman of EnQuest: I am delighted to welcome Liv Monica to the Board of EnQuest. Her extensive experience at the intersection of the energy industry, public policy and governance is highly valued and I very much look forward to working with her as a member of the Board.
Updated: 03/02/2021, 2:23 pm
An unmanned gas platform in the southern North Sea
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Australia-listed Ansila Energy has completed a deal to buy the remaining 78.4% it didn’t previously own of North Sea minnow Hartshead Resources.
Ansila, known as Pura Vida Energy until October 2019, said in December that the transaction would create a “new UK North Sea gas developer”.
Manchester-based Hartshead has now become Ansila’s wholly-owned subsidiary.