Rinehart

Billionaire Gina Rinehart’s rival bidder for Western Australian gas developer Warrego Energy has pulled out of a drawn-out contest for control of the company and has accepted the mining magnate’s offer to purchase its stake.Hancock Energy,…

Gina Rinehart, the nation’s richest person, has become the controlling shareholder of Western Australian junior gas producer Warrego Energy as a months-long takeover battle for the company continues.Hancock Energy, the energy division of…

Why does one child experience excitement at the thought of starting the school year while another experiences debilitating anxiety?It’s rarely one thing and is often a combination of factors, including a child’s temperament and…

The major shareholder still in play is Mineral Resources, which bought a 16 per cent stake in Warrego in early January.LoadingNicholls said two miners moving into gas production to secure their supply was symptomatic of what was going on in…

Gina Rinehart’s Hancock Energy has upped its bid for Perth Basin gas player Warrego Energy by almost 30 per cent to 36 cents a share after about 15 per cent of its target was reportedly sold for 35 cents a share to fellow WA billionaire…

Gina Rinehart, the nation’s richest person, has waived all conditions in her bid to buy Western Australian gas explorer Warrego Energy, a move she hopes will lock in the support of key shareholders amid a takeover tussle with rival suitor…

Warrego’s shareholders have seen their investment rise nearly 40 per cent or $100 million since they were first courted less than a month ago when Strike Energy revealed an all-scrip offer with an implied price of about 19¢ a share.Rinehart…

Beach Energy has increased its bid for Perth basin gas play Warrego Energy by 25 per cent to fend off an off-market offer from Gina Rinehart’s Hancock Energy in an escalating battle for a slice of a promising gas field north of Perth.The…

Gina Rinehart’s Hancock Energy has offered $281 million for ASX-listed Warrego Energy, 15 per cent more than Kerry Stokes controlled Beach Energy’s offer in a battle for a half share in a promising onshore gas development north of…

Emails, presentations, creditors’ lists, shareholder agreements, ASIC documents obtained by this masthead show this is not the first time the company has run into financial strife. Interviews with former staff and investors also indicate it…