UK Energy Group acquisition pending NSTA consent, 90-day review underway

UK Energy Group PLC, formerly UK Oil & Gas PLC, says its acquisition of interests remains pending and conditional on consent from the North Sea Transition Authority (NSTA), which has initiated a 90-day review of the change of control application. The transaction also involves minority interests in Arkadian Strategic Minerals plc and Azzuro Resources plc.

Detected & updated continuously · Source: Nebula