Thumbs up for sale of CER: Drillsearch

DRILLSEARCH Energy will be able to focus on its core activities in the Cooper Basin after shareholders of its Canadian subsidiary, Circumpacific Energy Corporation, voted in favour of selling the company to Western Petroleum Commodities.

In August, CER entered into a definitive plan of arrangement for private company Western Petroleum to acquire all of the issued and outstanding common shares in the company.

Drillseach holds a 79.

loader