Beacon Energy in "transformational" acquisition of Rhein Petroleum

London, UK

--News Direct--

Beacon Energy PLC BCE chief executive Larry Bottomley speaks to Proactive after announcing a reverse takeover deal for a portfolio of production, development, appraisal and exploration oil and gas assets located onshore Germany. Bottomley explains the benefits of the deal for Beacon Energy shareholders, describing at as a "transformational transaction." He goes on to describe the Rhein Petroleum operating team as a "quality outfit."

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