Royalco Resources has been acquired by Fitzroy River Corporation Ltd
The public shareholders of Royalco Resources Ltd have sold the company to Fitzroy River Corporation Ltd.
Royalco Resources holds a portfolio of oil and gas royalties with interest in assets across Australia, New Zealand and the Philippines.
Fitzroy River Corporation Limited operates as an oil and gas investment holding company in Western Australia and the Gulf of Mexico.
Oaklins’ team in Australia acted as Royalco’s corporate advisor in relation to the takeover bid from its major shareholder Fitzroy River.


Talk to the deal team


Related deals
SIT S.p.a. has acquired Janz CGF S.A.
SIT S.p.A. has completed the acquisition of 100% of Janz-Contagem e Gestão de Fluídos S.A. (Janz), a consolidated Portuguese player specialized in manufacturing residential water meters. The price, excluding cash and debt, amounts to US$34.3 million. An earnout of up to US$1 million is also stipulated on the basis of achieving certain targets in 2021.
Learn moreNavitas Petroleum has issued bonds worth US$117 million
Navitas Petroleum has completed a fundraising to refinance and develop the company.
Learn moreArgonaut Resources’ share purchase plan closes early and oversubscribed
Argonaut Resources NL has raised funds via an SPP.
Learn more