HitecVision targets Rocksource

HitecVision reported that the voluntary offer made by its portfolio company EPSI for all shares in Norwegian oil company Rocksource ASA has ended on May 26, 2015.

EPSI launched its takeover offer in December 2014 valuing Rocksource at NOK 590 million. At the end of the offer, EPSI has received acceptances to purchase approximately 7.3% of the shares in the company.

With its prior shareholding, EPSI now owns 92.5% of the shares in Rocksource ASA.

EPSI has previously announced its intention, should it acquire more than 90% of the shares of Rocksource, to carry out a compulsory acquisition of the remaining shares in accordance with applicable laws, and to apply for delisting of the shares from the Oslo Stock Exchange.

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply