HNL Hague Ldn

12.125

0.00 (0.00%)

19 Apr 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Hague Ldn	LSE:HNL	London	Ordinary Share	GB00BSNM2916	ORD 4P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	12.125						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Hague and London Buys Tullow Dutch Production Assets For EUR4.8 Million

10/04/2017 7:52am

Dow Jones News

Hague Ldn (LSE:HNL)
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LONDON-- Hague & London Oil PLC (HNL.LN) Monday announced of gas production assets in the North Sea from Tullow Oil PLC's (TLW.LN) Netherlands arm for an enterprise value of 4.8 million euros ($5.1 million).

Tullow Netherlands Holding Coöperatief B.A. will receive EUR9.8 million when the deal completes plus EUR20 million in contingency payments between 2019 and 2012, H&L said.

The deals counts as a reverse takeover given its size, said H&L, whose shares were suspended on April 4 due to it being in talks about the acquisition.

An enterprise value of a company takes account of its cash and debt.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

(END) Dow Jones Newswires

April 10, 2017 02:37 ET (06:37 GMT)