Australian Worldwide Exploration Limited (AWE) and ARC Energy NL have signed a Heads of Agreement (HOA) for the sale and purchase of AWE’s onshore Perth Basin assets. AWE will sell its onshore Perth Basin interests to ARC for a cash consideration of A$15.75 million. (US$1=A$1.3). The onshore Perth Basin interests comprise a 15.245% interest in…
AUSTRALIA: AWE and ARC Energy agree Perth Basin deal
Posted on December 23, 2003 by EnergyAsia