I have a very good reason for not blogging lately! We've been very busy working on what is officially called a "business combination" at Stratic. But I couldn't say anything about it, so I thought it best not to blog at all!
But it's announced now, so here it is. Stratic is merging with
Grove Energy, a company fairly similar to Stratic. It has assets in Italy, the Dutch North Sea, Tunisia, Romania and Albania. It's a similar size, and is listed on the
TSX-Venture exchange and the Alternative Investment Market ("
AIM") of the London Stock Exchange. In reality, it is more like a takeover, because we are staying as Stratic, and most of our management is staying the same. Their Chief Executive is coming over to us as Chief Operating Officer and I think we're taking on all their employees as well. And Stratic is actually buying their shares. So, it's like a very, very friendly takeover. Anyway, it's just been announced and now their shareholders have to approve the deal and we have to do the due diligence and so do they to make sure everyone is happy with everything. You can check out the press release on
Stratic's website, or click
here.
So, that has taken up a bit of my time lately, and is going to be taking up a lot more over the next few months, along with the annual report, and the annual general meeting and directors meetings. It is shaping up to be a busy spring!
I got a bicycle on Saturday (well, actually, I bought it the previous Sunday, but only picked it up on Saturday) and rode to Hyde Park. I'm told it's about 7 miles, mostly on streets. It was a little scary at times, and tiring, but it felt good to accomplish it. I met Shannon there and we went for breakfast and then to
Kensington Palace, which is where Diana, Princess of Wales, used to live. There was a display of some of her dresses and photographs from the famous photo shoot by Mario Testino taken of her with her short fashionable hairstyle. There was also displays about court dress and how they used to have to dress to hang out with royalty. What a lot of work!! We also got to tour through Princess Margaret's apartment from when she lived there with Lord Snowdon. It was kind of cool since I don't really know that much about her. It was a great morning. Headed back to Chiswick on bike, stopped to pick up a couple of things at the market, and got home completely knackered! I knew my muscles would be sore, so I soaked in a hot bath with Dead Sea salts in it, and I had almost no muscle soreness the next day!
Sunday I had church and then went to Ann and Ron's place for dinner. They run the sound system in the church and are really warm and friendly people. Nicola came too, and a couple of other friends. It was a lovely afternoon - good food and good friends and lots of laughter.
This weekend I have the twins at my place again - I haven't seen them since before Christmas so I'm really looking forward to it! My church is having a family barn dance on Saturday night, so we're going to that, and on Saturday morning the church is doing a kids fun morning, with a bouncy castle and games and crafts and stuff. The girls will love that - especially the bouncy castle! So it should be a good weekend. We'll pick up a couple of movies and be set!
Weather is cold here now and we're supposed to get snow tomorrow. However, the daffy-dills are starting to bloom here and there, so spring is on the way! Time to start walking through St. James park again!