After helping Arc Energy defeat a hostile $60 million bid from Tap Oil, Hardman Resources has tol...
Hardman said yesterday it had sold 6.5 million Arc shares with total proceeds being about $3.4 million, however it would retain 6.1% stake in the junior oil and gas explorer.
Hardman's decision two months ago to turn a convertible note into a 10.4% Arc stake was instrumental in helping to prevent a takeover by Tap Oil.
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ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
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