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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
1 mins to read

OG Oil & Gas revs up takeover offer

NZOG shareholders offered 12c per share more than previous scheme price.

Reweti Kohere Tue, 08 Oct 2019

OG Oil & Gas has revved up its takeover offer to 74c a share in a “last and final” bid to woo NZ Oil & Gas shareholders.

Since July, the Singaporean oil and gas division of Ofer Global has sought the 30% of NZOG’s shares it didn’t already own. It previously offered minority shareholders

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Reweti Kohere Tue, 08 Oct 2019
Contact the Writer: reweti@nbr.co.nz
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OG Oil & Gas revs up takeover offer
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