1 Mar â19, RockRose made an offer for a cash takeover of Independent Oil & Gas valuing the latter at GBP 26.6 MM. The proposal was rejected by the IOG board who intend to continue seeking a strategic partner to develop their assets. IOGâs assets lie in UK waters, notably the Blythe, Elgood, Elland, Goddard, Nailsworth + Southwark fields, the Blythe and Vulcan hubs, and immediate plans are for an appraisal to the Harvey find in P2085, block 48/23c.
1 Mar â19, RockRose made an offer for a cash takeover of Independent Oil & Gas valuing the latter at GBP 26.6 MM. The proposal was rejected by the IOG board who intend to continue seeking a strategic partner to develop their assets. IOGâs assets lie in UK waters, notably the Blythe, Elgood, Elland, Goddard, Nailsworth + Southwark fields, the Blythe and Vulcan hubs, and immediate plans are for an appraisal to the Harvey find in P2085, block 48/23c.