I copied and pasted the below from the HZN thread. As well as the HZN/ROC merger, PNG LNG ships first cargo....things are warming up.
Canadian listed Eaglewood Energy http://www.eaglewoodenergy.ca/index.html, a JV Partner of HZN in a couple of PNG permits, has received a takeover offer http://eaglewoodenergy.mwnewsroom.com/press-releases/eaglewood-energy-announces-acquisition-by-transform-exploration-pty-ltd-for-0-3-tsx-venture-ewd-201405170946757001 from Transform Exploration https://transformexploration.squarespace.com/, which is a subsidiary of Lime Rock Partners http://www.lrpartners.com/portfolio.aspx/
Lime Rock are a Private Equity firm specialising in the Oil and Gas space. Transform Exploration is their investment vehicle in the Asia Pacific region. Transform is full of ex-WPL employees, e.g., ex-CEO John Akehurst is the Chairman
BDM Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held