May 2018
Cashbox no more: Molopo spends $48 million
For much of the past year, nominal oil-and-gas company Molopo has, by virtue of having no current operations, been suspended from trading on the ASX. But its trapped shareholders did have one thing going for them: a $65 million pot of money in the company's bank account that attracted plenty of takeover interest, from Geoff Wilson's Wilson Asset Management and banned company director Nick Bolton's Aurora Funds Management. But that pot of gold is, alas, no more.
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- Myriam Robin
April 2018
Nick Bolton's 10-year showdown comes to a head
Activist investor Nick Bolton's ten-year showdown with regulators comes to a head this month
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- Patrick Durkin
February 2018
Keybridge and Molopo duel over Orient transaction
Keybridges' views the Orient transaction as a way to fetter away the Molopo cash. But closes to the Molopo board say Keybridge doesn't know what it's talking about.
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- Myriam Robin
December 2017
Keybridge, Aurora can't stop Molopo draining cashbox
And on to the latest twist in the never-ending Molopo saga.
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- Myriam Robin
November 2017
What's not to love about trading Molopo for Aurora
Molopo Energy makes a juicy target. With $65 million in the bank on a market cap of just $35 million, it's attracted two takeover offers from two very different types of investor.
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- Myriam Robin
April 2017
Farooq Khan, Nicholas Bolton, Tony Hartnell in second $67m raid on Molopo Energy
Perth's "consummate cash cowboy" Farooq Khan is at it again, bearing down (for the second time) on cashbox Molopo Energy.
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- Joe Aston
January 2013
Molopo replaces CEO as share price slumps
Struggling junior oil and gas explorer Molopo Energy has replaced its chief executive after only 12 months after the company missed production targets and the share price slumped.
- Angela Macdonald-Smith
December 2012
Melbourne’s young and rich are funding success
The names are familiar: Bassat and Liberman, Leibovich and Richardson. But they represent a new generation of investors who are hyper-networked and using family capital to finance digital entrepreneurs.
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- Jessica Gardner | John Stensholt
PetroChina shows faith in LNG
PetroChina’s second major equity investment in Australia is seen as an endorsement of the Woodside-led Browse project, and a vote of confidence in the Australian LNG sector.
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- Angela Macdonald-Smith
November 2012
PetroChina may like Westside’s story
While coal seam gas target WestSide remains mum on the identity of its suitor, PetroChina is shaping up as a favourite contender.
- Sarah Thompson and Anthony Macdonald
February 2012
Canada looking good for Molopo
Molopo Energy has tended to fly under the radar, but results from its Canadian projects may help change that.
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- Nabila Ahmed and Sarah Thompson
Canadian CFO replaces Australian at Molopo
Continuing its push into North America, ASX-listed oil and gas company Molopo Energy has appointed a new chief financial officer.
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- Sally Rose
Discovery and MOD may be sharing the pay dirt
With a big contingent of Australian miners and explorers heading to Cape Town this weekend for the annual Indaba conference, it makes sense to start this column in Africa – Botswana, to be precise.
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- Luke Forrestal
November 2011
Afternoon resources round-up
Sandfire Resources, MHM Metals, WorleyParsons, Gascoyne Resources, CuDeco, Peel Mining, Proto Resources & Investments, Molopo Energy
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September 2011
Molopo prepared to earn back trust
Molopo Energy chairman Greg Lewin acknowledges it will take a while to rebuild investor confidence after a messy board shake-up early this year, despite a surge in profit.
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- Angela Macdonald-Smith
Molopo Energy (MPO)
Credit Suisse has upgraded its recommendation for Molopo Energy to “outperform” from “neutral” given recent share price weakness and following the company’s successful asset sale and solid full-year result.
- claire Stewart
March 2011
Company briefs
Caltex Australia reported a drop in refining margins, which will weigh on performance for the first two months of the year.
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February 2011
Time and motion study at Molopo
The first meeting of the new board of oil and gas play Molopo Energy took all of about 20 minutes late on Tuesday, but there was still time for plenty of action.
Molopo’s rebel shareholders topple CEO, directors
Updated | Rebel shareholders in Molopo Energy have toppled the company’s incumbent directors and installed Melbourne property developer Max Beck and his fellow challenger Greg Lewin in their place.
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- Perry Williams
Molopo mutineers seek value
For all the differences of opinion between the incumbent directors of oil and gas play Molopo Energy and the rebel shareholders vying for their spots, both sides can agree on one thing: Today’s shareholder vote looks set to be exceptionally close.
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- Paul Garvey | John Stensholt | Angela Macdonald-Smith