Senex Energy has announced that the Federal Court of Australia has made orders approving the scheme of arrangement under which K-A Energy 1, subsidiary of POSCO International Corporation, will acquire 100 per cent of the shares in Senex.
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POSCO step closer to Senex acquisition
Senex Energy has confirmed that its shareholders have approved the scheme of arrangement under which K-A Energy 1, subsidiary of POSCO International, will acquire 100 per cent of the issued shares in Senex.
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Senex delivers record Surat Basin production
Foreign exchange approves POSCO takeover
Korean Foreign Exchange has approved POSCO International’s proposed acquisition of Senex, satisfying another precondition for the deal.
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Senex completes acquisition of APLNG
POSCO International’s takeover of Senex looks increasingly likely as Senex purchases $50 million gas fields, meeting a key condition of the $900 million acquisition deal.
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Senex enters SIA with POSCO
Senex has entered into a binding scheme implementation agreement (SIA) with POSCO International, whereby the company will acquire 100 per cent of Senex’s shares for a cash offer price of $4.60 per share.
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Senex, Shell sign gas sales agreement
Senex has entered into a domestic sales agreement with Shell Energy for the supply of 8 petajoules (PJ) of natural gas over four years.
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Senex extends POSCO’s exclusivity period again
Senex Energy has agreed to extend
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POSCO bids to acquire Senex
Senex is in discussions with POSCO International in relation to a potential change of control transaction.
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Senex commits $50 million to Western Surat Gas Project
The Western Surat Gas project includes the Glenora and Eos blocks, located in the south-east of the project area, directly north of GLNG’s producing Roma field. Senex has the benefit of significant
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