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Transerv Energy Ltd

Company Summary

Description

ASX listed Transerv Energy (ASX: TSV) is an oil and gas exploration and production company based in Perth, Australia. Transerv’s objective is to deliver robust shareholder returns through the identification and development of a diversified portfolio of oil and gas assets.

Website

http://www.transerv.com.au/

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Recent news

  • 5/23/2017 - Point Loma Resources... (subscriber access)
  • 4/10/2017 - Point Loma Resources... (subscriber access)

Company Transactions

Date: 6/9/2017
Type: Acquisition

BUYERS:
  • Salt Bush Energy Ltd.
  • Transerv Energy Ltd
    • SELLERS:
  • Point Loma Resources
    • DETAILS:

    COST: 5 $MM

    VOLUMES: 180 BOE/d

    NOTES:
    Point Loma Resources entered into a binding agreement with Transerv Energy's subsidiary Salt Bush Energy Ltd. for selling 20% working interest in return for a consideration of $5 million and creation of a joint venture.
    REGIONS:
  • Western Canadian Sedimentary Basin