Getting closer: Beach has increased its stake in Adelaide Energy to 90.1% and will compulsorily acquire any outstanding shares when its offer closes
Beach looks to oust Adelaide board
14 November 2011 04:45 GMT
Beach takes control of Adelaide Energy
10 November 2011 02:35 GMT
Beach doubles Adelaide Energy stake
08 November 2011 03:13 GMT
Beach launches Adelaide Energy takeover
07 November 2011 03:19 GMT
02 December 2011 02:04 GMT
Australia’s Beach Energy is a step closer to completing its takeover of compatriot Adelaide Energy after increasing its stake in the company to more than 90%.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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