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MARKETS

XCD prepares for 88E takeover

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.

Mark Tilly
Updates Peregrine project resources

Updates Peregrine project resources

  The company has released the findings of its Independent Prospective Resources Reported, completed by ERC Equipoise in January. The report was commissioned by XCD following an agreement with the...

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