EnergyAsia, August 2) — Sinagpore-based China Petrotech Holdings Limited (CPHL) said it has agreed to acquire a 48% equity interest in China Zhen Rong Cambodia Energy Co Ltd (CZRCE) from Power Unicorn Investments Ltd (PUI) for US$5.76 million. With the transaction, the CZRCE’s owners are CPHL (48%), PUI (27%), Guangdong Zhen Rong Energy Company Ltd…
CAMBODIA: Singapore’s China Petrotech acquires 48% effective interest in offshore oil and gas block
Posted on August 2, 2006 by EnergyAsia