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Echelon Resources Delays Acceptance of Horizon Oil Takeover Bid for Cue Energy
9:56am on Thursday 9th of April, 2026 AEST
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Energy
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Echelon Resources Delays Acceptance of Horizon Oil Takeover Bid for Cue Energy
9:56am on Thursday 9th of April, 2026 AEST
Key Points
Echelon Resources undertakes not to accept Horizon Oil's bid before 13 April 2026
Undertaking excludes shares covered by a pre-bid agreement with Horizon Oil
Takeovers Panel accepted the undertaking following Cue Energy's application
Delays potential acceptance amid ongoing takeover dispute
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