From GlobeNewswire:

BW Group Limited has made a mandatory cash offer to acquire all remaining shares in BW Energy Limited for NOK 27.00 per share. The Offeror, who is a close associate of a primary insider in BW Energy, is required to disclose any transactions made in the Company’s securities, including acceptances received in the Offer. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. BW Energy is a growth E&P company targeting proven offshore oil and gas reservoirs through low risk phased developments. Their assets include reserves and resources of 546 million barrels of oil equivalents. For more information, contact the CFO Knut R. Sæthre at +47 91 11 78 76 or [email protected].



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