LOL.

Yes, as you may be aware they do have previous for buying other companies, (2003)Mauritania Licenses used to belong to Fusion Oil and Gas till they made a cheeky hostile takeover bid and succeeded.

The upshot was not too bad as the FOG BoD went on to found Ophir Energy, the rest of that is history.

Funny to see the ebb and flow of these companies and their like over a long period, unless you were a holder as I was for some of that period
.

SEY were supposed to have many company making assets on the go then and along the line, and yet here we are still in exactly the same place 12 years later, except they and a few others have a massive share dilution attributed to them, the most striking in SEY's case being the 1 for 40 share dilution of a couple of years ago.

When I look back very few of the "......exciting company making ventures." by these oily minnows have actually done anything other than pay the BoD a usually handsome salary.