XCD Energy’s board has again recommended its shareholders accept the takeover bid by 88 Energy, as it updated the volumes and risks associated with its Peregrine Project on Alaska’s North Slope, and announced a reduction in royalties.
Updates Peregrine project resources
The company has released the findings of its Independent Prospective Resources Reported, completed by ERC Equipoise in January.
XCD directors push for takeover by 88E
88E publishes bidder's statement
