(EnergyAsia, April 27) — Canada’s Proprietary Industries Inc has acquired Bermuda-registered Frontier Holdings Ltd, which holds interests in Asian gas properties, from equal owners Loon Energy Inc and Nemmoco Petroleum Ltd for for C$23.2 million. (US$1=C$1.13). Proprietary Industries Inc and Loon Energy are listed on the Toronto Stock Exchange, while Nemmoco is a Bermuda-registered company….

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