Seacrest Capital fund, owner of Azinor Catalyst, is understood to be possibly open to sell part or all of its holding in the company, a deal which could fetch between USD 60-100 MM. Unsolicited offers have been received for it, as Azinor has prospective resources of ~600 MMboe but no production yet.
Seacrest Capital fund, owner of Azinor Catalyst, is understood to be possibly open to sell part or all of its holding in the company, a deal which could fetch between USD 60-100 MM. Unsolicited offers have been received for it, as Azinor has prospective resources of ~600 MMboe but no production yet.