AGR Energy

Market info

Nostrum eyes Tethys Petroleum in further shares battle


Nostrum Oil & Gas has made a further approach to the board of Tethys in a takeover offer for the company’s entire share capital. The move comes after Tethys made a recent announcement regarding a strategic collaboration with and financing by AGR Energy. Nostrum said it was prepared to provide interim funding to Tethys in connection with the potential offer.