Warrego

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…

The board of Perth Basin gas developer Warrego Energy has split on whether shareholders should accept a $342 million cash takeover offer from Gina Rinehart’s Hancock Energy with Warrego chair Greg Columbus backing partner Strike Energy’s…