Sterling Energy plc / Fusion Oil and Gas plc
OFT closed case: Anticipated acquisition by Sterling Energy plc of Fusion Oil and Gas plc.
Affected market:聽Oil and gas exploration
狈辞.听ME/1407/03
On the basis of the information available to it, the OFT has decided that the anticipated acquisition of Fusion Oil聽and Gas plc by Sterling Energy plc does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.聽A relevant merger situation has, therefore, not been created.
Updates to this page
Published 13 October 2003