CAPITAL MARKETS

MinRes action sinks Empire subsidiary

EMPIRE Oil & Gas has put subsidiary Empire Oil Company into voluntary administration over a A$15.1 million working capital loan to Mineral Resources relating to its only producing well, Red Gully-1.

Anthony Barich

MinRes action sinks Empire subsidiary

Empire Oil & Gas announced this morning that its subsidiary’s directors had appointed Ferrier Hodgson’s Andrew Smith, Peter McCluskey and Martin Jones as voluntary administrators of the subsidiary and...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Buy, Sell, Hold: Altura, Atlas and Black Rock
PREVIOUS: Ardea swamped with support

MOST POPULAR

1

PRECIOUS METALS

Gold miners descend on Denver for Gold Forum Americas 2024

2

CAPITAL MARKETS

McEwen Copper IPO set for next year

3

PRECIOUS METALS

Gold tracks ever higher

4

MINERS

Westgold eyes growing top-five production performance

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902