(EnergyAsia, July 26 2011, Tuesday) — Australian upstream company is strengthening its position as a natural gas player with its proposed share-swap acquisition of Eastern Star Gas Limited (ESG) which owns extensive coal seam gas reserves near Gunnedah in north-western New South Wales state. The deal, worth A$924 million, calls for ESG’s owners to swap…
AUSTRALIA: Santos to strengthen position in natural gas sector with acquisition of Eastern Star Gas
Posted on July 26, 2011 by EnergyAsia