3D Energi Says ConocoPhillips Issues Notice Purporting To Exercise Buy-Out Right For Co's 20% Participating Interest In VIC/P79 - COP News | Rallies3D Energi Says ConocoPhillips Issues Notice Purporting To Exercise Buy-Out Right For Co's 20% Participating Interest In VIC/P79
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COP• ConocoPhillips issues buy-out notice to 3D Energi
- ConocoPhillips issued to 3D Energi notice purporting to exercise buy-out right for the company's 20% participating interest in VIC/P79.
- 3D Energi continues to have concerns regarding validity of default notices and subsequent buy-out notice issued by ConocoPhillips.
- It also intends to engage with ASX regarding timing of the company's securities returning to trading.
- The company is continuing to consider RISC's report and whether there is any manifest error in determination of fair market value.
