Hill Dickinson has recently advised AIM-listed client, Reabold Resources plc, on the sale of its investee company, Corallian Energy Limited, to Shell UK Limited for £32 million.
Reabold, an investor in upstream oil and gas projects, held a 49.99% interest in Corallian which in turn owns the offshore Victory gas asset located west of Shetland.
Separately, Hill Dickinson advised Reabold on its acquisition of a portfolio of six North Sea licence interests from Corallian ahead of its sale to Shell.
The Hill Dickinson team was led by corporate partner Jaspal Sekhon with assistance from senior associate, Amy Grosvenor.
