Brief: Whitebark Energy Conducted Formal Whole Review Process

H3 Energy

07/07/2023 01:58

July 7 (Reuters) - Whitebark Energy Ltd  WBE.AX :
    * CONDUCTED A FORMAL WHOLE OF COMPANY REVIEW PROCESS TO
EVALUATE
STRATEGIC OPTIONS TO MAXIMISE SHAREHOLDER VALUE
    * REVIEW INCLUDED ASSESSMENT OF A POTENTIAL PARTIAL OR FULL
SALE
OF CANADIAN SUBSIDIARY REX ENERGY AND/OR ITS ASSETS
    * IT IS CURRENT VIEW OF DIRECTORS THAT REX ENERGY OIL AND
GAS
PRODUCTION ASSET IS NOT CURRENTLY VALUED BY MARKET ADEQUATELY

Source text for Eikon:  ID:nASX33N43N 
Further company coverage:  WBE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))