Deal broadens Parkmead’s North Sea base

May 23, 2013
Parkmead has agreed to acquire fellow UK independent Lochard Energy via an all-share offer.

Offshore staff

ABERDEEN, UK – Parkmead has agreed to acquire fellow UK independent Lochard Energy via an all-share offer.

Lochard’s main asset is a 10% stake in the Athena field development in the UK central North Sea.

5/23/2013