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Deltic Energy – Another month, another potential offer!

It was only back in July that Reabold Resources (RBD), made an initial approach to take-over Deltic Energy (DELT). I did not like this proposal at all and concluded Reabold should just sod off, which it would appear it did, at least so far. On Friday Independent Oil &Gas (IOG) confirmed it was considering a take-over approach for Deltic. Once again I find myself questioning the very idea of a takeover.

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