Anglo-Dutch Announces Texas Court Orders Ramco to Turn over Shares and Subsidiaries; Texas Court Orders Ramco Not to Take Lansdowne Oil & Gas plc Public on April 21, 2006.HOUSTON -- On April 18, 2006, the Texas State 61st District Court ordered Scottish-based Ramco Energy plc and Ramco Oil Limited to turn over for public sale all shares in Lansdowne Oil & Gas plc to the Sheriff or Constable of Harris County, Texas Harris County is a county located in the U.S. state of Texas within the Houston–Sugar Land–Baytown metropolitan area. As of 2000 U.S. Census, the county had a population of 3.4 million (though a 2006 estimate placed the population at nearly 3. , on or before April 21, 2006. The Texas Court also ordered the Ramco companies not to transfer any shares or any interest in any oil and gas properties out of Lansdowne pending the turnover. Prior to the Texas Court's turnover order, Ramco had announced its intention to take Lansdowne public on the AIM market on April 21, 2006. Ramco had recently announced that it had established Lansdowne, and had transferred into Lansdowne its Irish exploration assets which included a 9.25% carried interest in the Frontier Exploration License in the Donegal Basin, and its interests in four Celtic Sea The Celtic Sea (Irish: An Mhuir Cheilteach; Welsh: Y Môr Celtaidd; Cornish and Devonian: An Mor Keltek; Breton: Ar Mor Keltiek Licensing Options, Midleton (100%), East Kinsale (100%), Rosscarbery (77%) and Seven Heads Oil (74%). Additionally, the Texas Court ordered Ramco to turn over to the Sheriff or Constable of Harris County, Texas for public sale the shares of stock in Medusa Oil & Gas Limited, Ramco Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. Limited, Ramco Oil & Gas Limited, Ramco Oil Limited, and Ramco Oil Services Limited. The turnover orders are related to the judgment Houston-based Anglo-Dutch Petroleum International, Inc. and Anglo-Dutch (Tenge ten·ge n. pl. tenge See Table at currency. [Kazakh and Turkmen; akin to Sanskrit a ) LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control received against Ramco. On October 24, 2003, a jury in Texas state court awarded the Anglo-Dutch companies USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 70.4 million against Ramco Energy plc, Ramco Oil Ltd. and Halliburton Energy Services, Inc. for violating confidentiality contracts, which caused substantial damage to Anglo-Dutch. Within weeks of the Texas Judge signing the Amended Final Judgment, Halliburton settled with Anglo-Dutch. The two Anglo-Dutch companies are pursuing enforcement action against Ramco in the Court of Session in Scotland for collection of the sums due under the Texan judgment. Scott Van Dyke Van Dyke (or van/Van Dijk or Dyk etc) is a surname of Dutch origin. It refers to:
|
|
||||||||||||||||

a
Printer friendly
Cite/link
Email
Feedback
Reader Opinion