Peter Landau

Range Resources has launched a plan to merge with Russia and Kazakhstan-focused oil and gas explorer International Petroleum, in an all-scrip off-market deal worth around $105 million.

Range Resources says it may no longer proceed with a planned $105 million takeover of International Petroleum in the wake of the oil and gas explorer selling its assets in Russia and Kazakhstan.

Continental Coal has secured a short-term funding deal which will allow it to continue trading but at the expense of its chief executive and several other directors.

Oil and gas explorer Range Resources has appointed Rory Scott Russell as its new chief executive, with executive director Peter Landau having stepped down from his position.Mr Russell most recently served as finance manager for exploration in Europe and Russia at Shell.

Citation Resources has appointed Peter Landau as a director, while director and company secretary Sophie Raven has resigned. Mr Landau is founding director of Okap Ventures and Komodo Capital.

Range Resources non-executive directors Peter Landau and Anthony Eastman have resigned.The board has begun the search for replacements. 

Copper-gold explorer AusAmerican Mining is set to add an operating copper-lead-zinc mine and a major copper development project in the Republic of Congo to its portfolio of assets, with the transaction worth $US49 million.

Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $7 million.

The corporate watchdog has moved to have McGrathNicol appointed as liquidator to Peter Landau’s troubled listed coal mining company Continental Coal.

Oil and gas company Citation Resources has launched proceedings in the Federal Court against its former chairman Peter Landau after an investigation revealed issues concerning $2 million worth of transactions.

Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.

Local businessman Peter Landau will be subjected to more court action after China-controlled Nkwe Platinum filed a $2.5 million law suit in the Supreme Court of Western Australia.