Posted on: April 1, 2021

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Gneiss Energy is delighted to announce its role as commercial adviser to Decipher Energy Limited (“Decipher”) on its sale to Tailwind Energy Ltd (“Tailwind”). Decipher’s major shareholders are Oaktree Capital and Sixth Street, and Tailwind is financially backed by Mercuria.

Decipher group assets include 100% operated interests in Licence P.1606 covering the Orlando field, Licence P.2311 covering the Senna discovery and Licence P.2448 covering the Mansell discovery. The transaction is subject to statutory, regulatory, and government approvals and is expected to close in the coming months.

Click here for the full announcement.

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